Here are eight things to know about ophthalmologist participating in alternate payment models, and providing care for Medicare/Medicaid beneficiaries, according to Medscape's Ophthalmologist Compensation Report 2016.
1. Only 1 percent of ophthalmologists provide care in concierge practices.
2. Around 5 percent of eye surgeons are a part of cash-only practices.
3. Approximately 22 percent of ophthalmologists participate in accountable care organizations, while 6 percent are not in an ACO now, but plan to join in the coming year.
4. Five percent of self-employed eye surgeons have stopped taking new Medicare or Medicaid patients, as compared to 2 percent of hospital-employed eye surgeons.
5. Around 2 percent of self-employed ophthalmologists have stopped taking current Medicare and Medicaid patients.
6. Seventy-seven percent of self-employed ophthalmologists and 87 percent of employed ophthalmologists will continue taking new and current Medicare and Medicaid patients.
7. Around 15 percent of self-employed eye surgeons have not decided whether to continue seeing Medicare and Medicaid patients, as compared to 11 percent of employed ophthalmologists.
8. Seventeen percent of ophthalmologists will drop insurers that pay poorly.