More cuts from CMS, and to no surprise DR and IR top the list yet again

[MDapplicant578124]

CMS Proposes Nearly 3.4% Cut in Medicare Physician Fees for 2024

Cut 'raises significant concerns for medical groups,' one organization says

www.medpagetoday.com

Applying into radiology this year. Just unfortunate to see this...

Physicians are the only group that does not receive an annual inflation adjustment from medicare. Facility fees do get this adjustment, which is how surgeons are still sustaining high income despite demolition of the professional fee. I was speaking to an ophthalmologist who said they would make far less if they didn't have part ownership of the surgical center.

Is this still an opportunity for radiology? Can you buy into profitable imaging centers

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[SeisK]

Fortunately the market is increasingly pushing so that hospitals have to subsidize radiology reimbursement to help cover various call coverages or services. I may be wrong but, if the current trend continues, CMS can cut reimbursement until the damn cows come home. Without us the hospital and specialist services screech to a halt. If CMS won’t value us appropriately, the free market will.

 

[Lifeman]

Fortunately the market is increasingly pushing so that hospitals have to subsidize radiology reimbursement to help cover various call coverages or services. I may be wrong but, if the current trend continues, CMS can cut reimbursement until the damn cows come home. Without us the hospital and specialist services screech to a halt. If CMS won’t value us appropriately, the free market will.

Wondering if this will hurt academics more than PP seeing as most of the hospital patients are medicare patients. But I'm sure private insurance companies use medicare fees to decide their reimbursement too.