Fewer psychiatrists are billing Medicare: 5 things to know

Becker's Healthcare February 19, 2025
Rylee Wilson

Fewer psychiatrists are billing Medicare, even as the overall number of psychiatrists increases, a study published in JAMA found.

The study, published Feb. 6, compared the number of active psychiatrists providing services to Medicare Part B enrollees between 2014 and 2022. The number of psychiatrists billing Medicare Part B declined by 16.8% from 2014 to 2022, while the number of active psychiatrists increased by 12.1%.

Here are five findings to note:

1. In 2022, around one in three psychiatrists, or 33%, submitted claims to Medicare Part B.
2. The decline in providers serving Medicare enrollees despite overall increases in the number of providers has not been documented in any other medical specialty, the study’s authors wrote.
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