General surgeons earn an average of $5,834,508 in annual reimbursements from private insurers, the most of any specialty, according to a report from AMN Healthcare.
ASC Coding, Billing & Collections
The average annual billing amount from all physicians to commercial payers is $3.8 million, according to a recent report from AMN Healthcare.
Physician pay has jumped 18 percent since 2018, according to Medscape's "Physician Compensation Report" for 2023.
Self employed physicians make more money than employed physicians, according to Medscape's "Physician Compensation Report" for 2023.
ASCs are finding it unsustainable to meet margins as reimbursements lower and operating costs soar.
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As operation costs soar, most healthcare providers are struggling to meet margins.
Cost savings and convenience are pushing procedures to the ASC setting, according to five leaders who spoke with Becker's ASC Review.
Though value-based care is rising in popularity, it is not yet the industry standard.
Sixty-five percent of physicians plan to continue treating Medicare and Medicaid patients as well as take on new ones, according to Medscape's "Physician Compensation Report 2023."
Congress has introduced a bill that would tie the Medicare physician pay schedule to the Medicare economic index.