Becker's Healthcare February 5, 2025
For physicians who might be eyeing a move from employed to independent practice models, the shift can be daunting.
In November 2024, CMS finalized a 2.83% cut to the physician pay schedule for 2025, the fifth consecutive year that physicians have faced a pay cut from the agency.
Beyond that, supply and labor costs remain high due to a number of economic factors, including inflation. The median total direct expense per physician was about $1.1 million for Q4 of 2024, up 1.4% from Q3 and jumping 6.8% from the same time last year, according to data from Strata Decision Technology, which analyzed data from more than 135,000 physicians.
But a model to support independent physician practices has some...
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