92% of practices said that 2022 Medicare reimbursement rates already do not adequately cover the cost of care provided

Statistic Info

The costs of running a medical practice have been steadily increasing over the past decade. In addition, the cost of technology continues to grow as more and more practices adopt digital tools and platforms to improve patient care.

Author: RevCycle Intelligence

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Clinics & Pharmacies

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92% of practices said that 2022 Medicare reimbursement rates already do not adequately cover the cost of care provided

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52% of U.S. patients said healthcare providers dismiss their described symptoms

Researchers found that 8.3 million Medicare beneficiaries participated in a telehealth visit, & of these, 5% had one or more out-of-state telehealth visits

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Although specialty medications total roughly 2% of prescribed drugs, they account for more than 52% of all pharmacy spending

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Federally-facilitated Exchange Improper Payment Rate Less Than 1% in Initial Data Release

Medicare physician pay has declined 22% from 2001 to 2021

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Having one or more Outpatient Behavioral Health Treatment visits was associated with lower medical & pharmacy costs during 15 & 27-month follow-up periods