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Medical Billing & Healthcare Industry Statistics

The healthcare industry is a constantly-changing space. The way medical providers and organizations deal with these changes can have an outsized impact on their success. Therefore, it’s imperative that you stay up-to-date with the latest statistics and trends to ensure a healthy business-and a healthy bottom line.

See the following sections listed below to view the available statistics by topic:

Medical Billing & Healthcare Industry Statistics

Medicare Advantage enrollment is expected to reach a milestone this year, exceeding 50% of the total Medicare population in 2023

An estimated 5 million to 14 million are expected to lose coverage as states resume eligibility checks

80% of physicians surveyed believed that telehealth provided patients better access to care since using it

77% of executives are concerned with the lack of funding for addressing behavioral health and addiction issues

63% of CEOs identified inadequate Medicaid reimbursement as a concern

44% of healthcare businesses plan to implement customer experience strategies in 2023

57% of physicians say social media changed their views on medications

Over the last year, medical care prices grew by 3.1%

Prior authorizations are a paperwork burden that takes up physicians’ & staff’s time while delaying care for patients, according to 93% of doctors surveyed by AMA

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