Half of cardiologists remain in fee-for-service models

Fifty-one percent of cardiologists participate in a fee-for-service payment model, according to Medscape’s 2023 “Cardiologist Compensation Report.”

Advertisement

The data comes from a Medscape “Physician Compensation Report” for 2023 that surveyed 10,011 physicians across more than 29 specialties about their income, work hours, job satisfaction and more from Oct. 7, 2022 to Jan. 17, 2023.

Here is the percentage of gastroenterologist participation in various payment models, according to Medscape:

1. Fee-for-service: 51 percent

2. Value-based payment model: 14 percent

3. Episode of care payments: 11 percent

4. Bundled payments: 10 percent

5. Capitation model: 4 percent

6. Concierge practice (monthly or annual access fee): 1 percent

7. Other: 9 percent

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.

Advertisement

Next Up in Cardiology

Advertisement

Comments are closed.