The aging of the baby boomers means Medicare enrollment growth is expected to exceed that of other major payers, at 7.8% annually from 2025 to 2031, the Centers for Medicare and Medicaid Services estimates. Yet many health systems are unprepared to manage the wave of Medicare beneficiaries. Providers that don’t take measures to avoid high-cost care will see their margins erode, especially as Medicare and Medicare Advantage reimbursement rates wane and as the number of relatively more lucrative commercially insured patient population declines, experts said. Commercially insured and self-pay patients as a percentage of annual inpatient hospital days has dropped from 33.4% in 2006 to 27.8% in 2022, according to American Hospital Association data.
Read the full article: Medicare Is Booming, and Providers Are Bracing Themselves //
Source: https://www.modernhealthcare.com/providers/medicare-medicaid-surge-tampa-general-hospital-memorial-hermann