"As the cost of practicing medicine increases and reimbursement declines, many physicians have considered how to cut costs. One way is to no longer accept Medicare patients. "
"But according to Medscape's 2023 survey, only 65% of physicians confirmed they would continue to treat and take new Medicare and Medicaid patients. Eight percent said they would not take new such patients..."
"The looming pay decrease and continuous rise in costs may contribute to even more physicians dropping out of Medicare and Medicaid programs, spurring physicians, organizations and patients to rally for change."
"But according to Medscape's 2023 survey, only 65% of physicians confirmed they would continue to treat and take new Medicare and Medicaid patients. Eight percent said they would not take new such patients..."
"The looming pay decrease and continuous rise in costs may contribute to even more physicians dropping out of Medicare and Medicaid programs, spurring physicians, organizations and patients to rally for change."
Physicians are dropping Medicare patients. Here's why
With Medicare physician payment declining 26% since 2001 and a 1.25% pay cut in 2024, physicians are considering dropping Medicare patients.
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