"The Medicare fee-for-service program has reduced physicians’ compensation by about 3% for the last several years, with another 2.8% cut predicted for 2025," Scott Manaker explained at #CHEST2024. "I don't think anyone can name a single industry where the workforce is paid less 4 years in a row, and you still have a stable workforce, which is leading to a variety of consequences, such as the extermination of physician private practices, physicians having a variety of employment models, physician unionization, which is burgeoning all across the country." Watch the full interview he did with Giuliana Grossi at the American College of Chest Physicians meeting in Boston.
In an interview at #CHEST2024, Scott Manaker, MD, a pulmonary critical care physician and the vice chair for Regulatory Affairs of the Department of Medicine at University of Pennsylvania Health System, discussed the future of physician compensation and the impact of rising practice costs, inflation, and Medicare fee-for-service cuts. Watch now! #PulmonaryMedicine #PhysicianCompensation #Medicare