For independent doctors, 2024 began with a Medicare reimbursement pay cut of 3.4%, as legislation in both the House and Senate seeks to alleviate but not eradicate the reduction. Over the past 20 years, Medicare physician pay has plummeted by 26% when adjusted for inflation, while hospital reimbursement has surged by 70%, prompting over 100,000 doctors to abandon independent practice for hospital or corporate employment since 2019.
Read the full article on the American Journal of Managed Care
The American Independent Medical Practice Association is a physician-led national advocacy organization representing more than 600 independent medical practices that provide quality, affordable health care for more than 25 million patients each year.
These independent practices are critical access points for health care across the country — at more than 4,200 medical office locations and over 575 independent ambulatory surgery centers in 45 states and the District of Columbia.
We advocate on behalf of more than 12,000 physicians caring for patients in the fields of Primary Care and Internal Medicine as well as the specialties of Cardiology, Dermatology, Gastroenterology, Hematology/Medical Oncology, Nephrology, Neurosurgery, Ophthalmology, Oral and Maxillofacial Surgery, Orthopedic Surgery, Otolaryngology, Radiation Oncology, Urology, Urgent Care, Vascular Medicine, and Women’s Health.
Brigit Wolf
brigit@keybridge.biz
202-980-9256