Becker's Healthcare August 20, 2025
Alan Condon

Physicians treating Medicare patients have seen their real income drop by more than 33% since 2016, fueled by stagnant reimbursement, growing Medicare Advantage enrollment and surging operating costs, according to a report published Aug. 18 by Omniscient Health, a data science, research and consulting firm.

As financial pressure mounts, some health systems are pulling out of Medicare Advantage entirely, and more physicians may soon scale back their Medicare panels or exit the program altogether.

Becker’s spoke with Meade Monger, PhD, CEO of Omniscient Health and coauthor of the report, about what these converging forces could mean for physician sustainability, Medicare access and the broader healthcare system.

Editor’s note: Responses were lightly edited for length and clarity.

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