Lexology September 1, 2023
In a new study just published in the Journal of the American College of Radiology, researchers from the Harvey L. Neiman Health Policy Institute document a steep decline in radiologist reimbursement for imaging services provided to Medicare beneficiaries over 16 years when accounting for inflation, driven by a overall payment mechanism called “budget neutrality.”
Actual total Medicare reimbursement for radiologists’ services saw a decline from 2005 to 2021. Total payment for radiology was $6.2 billion in 2005, but only $5.8 billion in 2021, or a 5.5% decline over this period. And when adjusting for inflation, the reduction in Medicare payments to radiologists from 2005 to 2021 equaled 31.9%. And radiologists’ inflation-adjusted reimbursement per RVU has declined by one-third over that...
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