HealthLeaders Media May 3, 2024
A new survey’s findings show that physician reimbursement has per patient decreased by 2.3% between 2005 and 2021.
KEY TAKEAWAYS
– Findings show that patients saw a 45.5% increase in services, compared to the 2.3% decrease in physician reimbursement per patient.
– Providers have been vocal in their opposition of the slashed Medicare rate, which was finalized in March.
The Medicare budget neutrality requirement is intended to balance the program’s expenditures against its budget as new services are added and volume increases. However, the findings of a new study by the Harvey L. Neiman Health Policy Institute show that hasn’t been the case.
Researchers examined the changes in payments for Part B services for 100% of traditional Medicare beneficiaries between...