95% of practices provide care to patients covered by Medicare Advantage, and 75% report they are seeing an increasing number of these patients

Statistic Info

Given the current state of healthcare, this is not surprising. Medicare Advantage plans cover a wide range of services and provide access to insurance networks that were previously too expensive for many people. This type of care is invaluable in helping those who may otherwise struggle to afford medical care, particularly seniors, get the help they need. Additionally, these plans also bring with them simplicity and cost savings which make it an attractive option for both patients and providers.

Author: RevCycle Intelligence

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More 2023 Stats

In 2023 there was a 13% revenue growth in Q2 due to rising enrollment

Only a little more than a third of the insured respondents agreed that insurance facilitates affordable access to care for all

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The average star rating across Medicare Advantage contracts increased from 3.86 in 2014 to 4.37 in 2022, when 68.4 percent of contracts had a rating of 4.0 or higher

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Every eight hours that office-based physicians have scheduled with patients, they spend more than five hours in the EHR