2.83%: In November, CMS finalized a 94 cent (2.83%) conversion factor decrease from 2024. The physician fee schedule conversion factor for 2025 is $32.35, down from $33.29 in 2024. Physicians and medical groups have expressed concern over the decrease in reimbursements, sharing that year-over-year decreases are proving unsustainable for many.
12,500: The Association of American Medical Colleges predicts a shortage of 12,500 anesthesiologists by 2033. The shortage could be even more acute in rural areas.
85%: A handful of national insurers have announced plans to cap CRNA reimbursement rates at 85% of the physician fee schedule. This could provide pain points for patients and providers, especially in rural practice areas.
56.9%: As of 2021, over half of practicing anesthesiologists were older than 55. This means several providers are nearing retirement age, just as shortages are just expected to escalate.
44%: In the 2022 match, 44% of applicants seeking an anesthesiology residency did not match.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
