What’s going on with physician pay?

Becker's Healthcare March 4, 2025
Francesca Mathewes

Physician pay has been the subject of recent controversy as yet another year of cuts from CMS adds to ongoing frustration within the physician workforce, a pattern some legislators are trying to halt.

Here are five recent updates on physician pay:

1. As of Jan. 1, Medicare is paying physicians 2.83% less than last year for services provided to the country’s 66 million Medicare patients.

2. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024.

3. A bipartisan group of 10 House members on Jan. 31 introduced a bill to stop the 2.83% Medicare physician pay cut this year and provide a 2% pay bump to stabilize physician practices and protect patients’...

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