President of AMGA Consulting Fred Horton noted in the survey that this was a serious challenge for medical groups in the U.S. “This issue, especially related to Medicare payment updates, must be addressed in order for organizations to afford necessary increases in compensation without continually relying on a need for providers to see more patients,” he said.
Here’s a breakdown of median net collections by specialty:
Primary care: 4.5%, a decrease from 5.9% in 2023.
Medical specialties: 3.6%, up from 2.2% in 2023.
Surgical specialties 5.2%, an increase from 2.8% in 2023.
Radiology/anesthesiology/pathology: 4%, down from 7.7% in 202
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
