Almost 6 in 10 practices saw 15%+ of their patients either switch from traditional Medicare to Medicare Advantage or between Medicare Advantage plans

Statistic Info

This led to 84% of practices having to reauthorize existing services covered by Medicare for those beneficiaries who switched plans. This demonstrates that practices need to stay up-to-date on any changes affecting Medicare Advantage plans and payment models if they want to continue providing high-quality care for their patients. Making sure to have thorough discussions with Medicare Advantage partners will help ensure that everyone involved understands what is covered and what any changes mean for patients and providers. With an increased understanding of the current state of healthcare, practices can more easily navigate these rapidly changing times.

Author: RevCycle Intelligence