Reimbursement woes continue to plague orthopedic surgeons
By Admin | December 06, 2023
On Nov. 2, CMS released the 2024 Physician Fee Schedule Final Rule, which updated the conversion factor to $32.74, a 3.4% decrease compared to last year.
This rule has sparked discontent among spine and orthopedic surgeons since it was proposed, as reimbursement rates were already unfavorable. In combination with rising overhead costs and inflation, it created a perfect storm.
"I believe this will accelerate current trends," Harel Deutsch, MD, co-director of the Rush Spine Center in Chicago told Becker's. "Physicians in private practice will not be able to sustain a practice treating Medicare patients. There will be decreased access to care for Medicare patients and generally more treatment through nurse practitioners and physician assistants."
Declining reimbursement rates are frustrating for physicians across specialties. But what makes them even more frustrating is...(More)
For more info please read, Reimbursement woes continue to plague orthopedic surgeons, by Becker's Orthopedic Review
