Dive Brief:
Physicians are working more than ever, but reimbursement isn’t rising in tandem. It’s a worrying mismatch that could translate into access problems for patients down the line, according to a new report.
Physician productivity , as measured by a metric of how much work goes into providing a specific service, has grown 11% over the last two years, according to the report from consultancy Kaufman Hall.
However, patient revenue per each work relative value unit dropped 7% over that time — and provider compensation per work relative value unit dipped 2%, Kaufman Hall found.
Dive Insight:
Physicians have been sounding warning bells for years about unsustainable reimbursement.
Medicare reimbursement for physician services fell 29% from 2001 to 2024 when adjusted for inflation,