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Red tape up, revenues down in 2023, MGMA says
Medical Economics November 13, 2023
Health care is hot in Washington, but survey shows regulatory burdens are hammering smaller, independent, primary care practices.
Physicians this year are facing more red tape and less income as government and health insurance rules far outpace reimbursement for medical care.
On Nov. 13, 2023, the Medical Group Management Association published its “Annual Regulatory Burden Report.” The results, in short: Doctors and their support staff are spending more time on administration and that cuts into time spent with patients.
“MGMA has long advocated that policymakers in Washington scale back regulatory burden for medical practices, arguing that these requirements divert time and resources away from delivering patient care,” the report said. “Yet, as indicated in this year’s report, regulatory burden continues...
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