Becker's Healthcare August 26, 2024
Medicare physician reimbursement rates have been declining over the last decade, but some specialties have been hit harder than others.
According to an April report by the Harvey L. Neiman Health Policy Institute, physician reimbursement amount per Medicare patient decreased around 2.3% between 2005 and 2021 when accounting for inflation. Sixteen specialties saw physician reimbursement declines despite increased volume per beneficiary. This included psychiatrists, cardiologists, urologists, OB-GYN, internal medicine, internists, pulmonologists, radiologists, gastroenterologists and anesthesiologists.
Of these specialties, radiology and anesthesiology both saw over 3% declines in Medicare payments. Interventional radiology saw a 4% decline, according to Radiology Business and anesthesiology...
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