Study: Medicare Pays Physicians One-Third Less Than Decade Ago

Physicians are paid 33.6% less for treating Medicare patients than a decade ago thanks to reimbursement cuts coupled by rising practice expenses, according to a report from Omniscient Health, a healthcare data science, research and consulting firm. getty

Physicians are paid 33.6% less for treating Medicare patients than a decade ago thanks to reimbursement cuts coupled by rising practice expenses, according to a report from Omniscient Health , a healthcare data science, research and consulting firm.

The 2025 Omniscient Health Physician Medicare Income Report shows reimbursement rates for outpatient procedures from traditional fee-for-service patients in the Medicare health insurance program for the elderly have tumbled a cumulative 10% since 2016. The issue of actual cuts in physi