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Although Medicare and Medicaid together make up almost half of the average physician's income, doctors are increasingly taking less of these patients. In fact, only 58% of Physicians take all new Medicare patients, while even less (40.2%) take all new Medicaid patients. With a rapidly increasing population of Americans who are eligible for Medicare, some question not if, but when, the country will run out of doctors to take new patients who rely on government-provided healthcare.
Wonder what the trend is as many docs are no longer taking Medicare?
Excellent point! Physicians do not take Medicare for a number of reasons which I can understand as a practicing doc. Notwithstanding, I am fortunate to be able to presently take Medicare, however.
It's interesting that only 58 percent of physicians take all new Medicare patients, when almost half of their revenue source comes from the two government sponsored programs.