Medscape released its Physician Compensation Report 2018 examining a number of compensation-related variables throughout the healthcare industry.
Medscape surveyed 20,329 physicians across 29 specialties for the report.
Here are four statistics on payment model participation and relationships with insurers.
1. Thirty-six percent of primary care physicians and 38 percent of specialist physicians expect to participate in the Merit-based Incentive Payment System.
2. Alternative payment model participation fares much worse. Only 13 percent of primary care physicians and 9 percent of specialists expect to participate in the models.
3. Respondents were hesitant to drop insurers that paid poorly.
- 22 percent said they wouldn't drop an insurer that paid poorly because they needed all payers
- 24 percent claimed it was inappropriate to drop a poor-paying insurer
- 35 percent said they wouldn't drop an insurer for unspecified reasons
- 19 percent of physicians said they would drop a poor-paying insurer
4. Physicians are still accepting Medicare and Medicaid patients. Seventy-one percent said they'll continue accepting Medicaid/Medicare payments. Seven percent said they won't take new Medicare patients and 6 percent said they won't take new Medicaid patients. Sixteen percent are undecided.