According to a report published Aug. 18 2025 by Omniscient Health (a data science, research and consulting firm), physicians treating Medicare patients have seen their real income drop by more than 33% since 2016, fueled by stagnant reimbursement, growing Medicare Advantage enrollment and surging operating costs. As financial pressure mounts, some health systems are pulling out of Medicare Advantage entirely, and more physicians may soon scale back their Medicare panels or exit the program altogether. According to KFF (formerly Kaiser Family Foundation) in 2025,
• There are roughly 67 million Medicare patients
• And 54% of all Medicare members are in MA plans
• Medicare’s open enrollment period begins October 15th and runs through December 7.
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