Most physicians plan on continuing to accept Medicare, despite the uncertainty to Medicare reimbursements, according to Physicians Practice's 2014 Physician Compensation Survey.
The survey includes responses from 1,338 physicians.
When asked whether they will continue to accept Medicare, respondents reported:
• We plan to continue accepting Medicare as always — 74.4 percent
• We may stop accepting new Medicare patients — 14.5 percent
• We are exploring new direct-pay models that would eliminate third-party payers from our practice — 6.6 percent
• We may stop seeing/accepting Medicare patients altogether — 4.5 percent
More articles on practice management:
Number of PAs by practice setting: 15 statistics
What do physicians think of their practice's financial viability in the next 3 years?
12 statistics on medical malpractice for orthopedic, neurosurgeons