Do Physicians Need a Raise?

Note: Medicare spending for physician fee-schedule services grew by 73% — from $37 billion to $64 billion — from 2000 to 2010, more because of growth in the volume and intensity of services than because of fee increases. The Medicare Economic Index is a measure of inflation in practice costs. Data are from MedPAC.

Source: John Iglehart, New England Journal of Medicine

Comments (2)

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  1. Tom H. says:

    This proves you can’t keep a good doctor down.

  2. Brian Williams. says:

    The term “physician fee-schedule” makes me cringe.

    Can you imagine what would happen if Congress created a “plumber fee-schedule” or an “Apple iPod fee-schedule” to regulate other overpriced products and services?