AJMC November 7, 2024
Key Takeaways
- Physician compensation is slightly increasing, but Medicare cuts and Advantage plan shifts may impact income and employment models.
- Nurse practitioners are projected to grow by 40% from 2023 to 2033, posing a potential threat to physician compensation.
- Physicians must navigate diverse employment models and compensation strategies in response to economic trends and workforce changes.
Physician reimbursement stands to be affected by the consolidation of medical systems and changes in Medicare enrollment affecting their pay, which may lead to shifts in medical training and hiring.
The consolidation of medical systems and the increased enrollment in Medicare Advantage stand to impact physician compensation in the United States, according to new research. This decline in physician compensation in major...