2023 Medicare Physician Fee Reduction Makes Office-Based Surgery Even More Advantageous for Surgeons
Here Is How To Offset The Reduction
Ophthalmic Surgeon Professional Fees are Being Cut
A 2023 Physician Fee Schedule released by the Centers for Medicare and Medicaid Services (CMS) stated that physicians should expect a Medicare reimbursement cut in surgeon professional fees heading into the new year. Any fee reduction is extremely painful following two years of record-high inflation rates. Surgeons may be able to offset fee cuts when they gain more control over the surgical environment.
What Does This Mean For Ophthalmologists?
What can be done about it? Physicians can increase their daily patient census, lay off staff, or move further in the direction of self-pay but these all have their limitations and drawbacks. Finding ways to gain more control over the surgical environment and generate more ancillary revenue may be the best way to offset fee cuts and adapt to inflation and other external factors.
Ophthalmologists that are performing surgery in the office are better poised to offset the loss as they receive an enhanced professional fee in lieu of a facility fee and retain 100% of their fees (see chart below).
OBS May Hold the Key
Download Office-Based Surgery 101
Top 5 Questions for Implementing OBS in Your Practice
What would be possible if you could seamlessly integrate clinic and surgery within the comfort of your own practice?
Surgical schedule that works for you
Enhanced patient experience in a familiar environment
Safety & compliance to ASC accreditation standards
Revenue above and beyond your professional fee
What Would be Possible if You Could Integrate Clinic and Surgery Within the Comfort of Your Practice?
OBS is the Future of Ophthalmic Surgery
We invite you to be a part of this movement as we pave the way for a new standard of care for the #1 procedure in healthcare.
Tired of lacking control of the surgical experience and being held back by the limitations and schedule of the surgical facility? Ready to perform surgery when and how you want, with full control of the patient experience, double the revenue, and increased growth potential? You might like to start office-based surgery in your practice but it is a big transition and you don’t know where to start. That’s why you need a partner you can trust to get you started and be with you each step of the way.