SK&A released its report titled, "Physician Office Acceptance Government Insurance Programs," which showed 83.6 percent of medical providers accept Medicare and 67 percent accept Medicaid, though a decline may be imminent.
The Patient Protection & Affordable Care Act will give 30 million Americans access to healthcare, many on Medicaid. But 31 percent of physicians said they would not accept new Medicaid patients, according to a National Ambulatory Medical Care survey.
SK&A's survey of 271,451 office-based physicians found larger, affiliated practices have higher Medicare and Medicaid acceptance rates, while smaller, non-affiliated practices have lower rates. Offices with daily volumes greater than 31 cases had an acceptance rate of 85.5 percent for Medicare and 69.6 percent for Medicaid.
Also, healthcare system-owned and hospital-owned practices are more likely to accept Medicare, at 89.1 percent, compared with non-hospital or healthcare system-owned practices, at 82.7 percent. Medicaid acceptance is about 83 percent for hospital or healthcare-owned practices and only 64 percent for non-hospital or system owned.
The top specialties accepting Medicaid are dialysis, critical care medicine and nephrology. The lowest acceptances rates come from bariatrics, occupational medicine and holistic medicine.
More Articles on Coding, Billing and Collections:
6 Tips to Overcome Payor Concerns With Spine Surgery in ASCs
5 Billing & Coding Goals for ASCs in 2013
National Medical Billing Services' Tamara Wagner Presents at ASCA Seminar
The Patient Protection & Affordable Care Act will give 30 million Americans access to healthcare, many on Medicaid. But 31 percent of physicians said they would not accept new Medicaid patients, according to a National Ambulatory Medical Care survey.
SK&A's survey of 271,451 office-based physicians found larger, affiliated practices have higher Medicare and Medicaid acceptance rates, while smaller, non-affiliated practices have lower rates. Offices with daily volumes greater than 31 cases had an acceptance rate of 85.5 percent for Medicare and 69.6 percent for Medicaid.
Also, healthcare system-owned and hospital-owned practices are more likely to accept Medicare, at 89.1 percent, compared with non-hospital or healthcare system-owned practices, at 82.7 percent. Medicaid acceptance is about 83 percent for hospital or healthcare-owned practices and only 64 percent for non-hospital or system owned.
The top specialties accepting Medicaid are dialysis, critical care medicine and nephrology. The lowest acceptances rates come from bariatrics, occupational medicine and holistic medicine.
More Articles on Coding, Billing and Collections:
6 Tips to Overcome Payor Concerns With Spine Surgery in ASCs
5 Billing & Coding Goals for ASCs in 2013
National Medical Billing Services' Tamara Wagner Presents at ASCA Seminar