News Articles CMS finalizes 2.83% physician pay cut for 2025Physician pay growth has lagged behind inflation over the past six years, resulting in an overall decline of $18,468 in real compensationWhen adjusted for inflation, Medicare physician payment has effectively declined 29% from 2001 to 2024.77.6% of doctors employed by hospitals or other corporate entitiesHealth systems and other corporate entities continue to drive consolidation in healthcare by aggressively acquiring physician practices50 Things to know about hospital consolidationBy the end of this year, the United States is expected to have a shortage of up to 64,000 physicians.The United States will face a physician shortage of up to 86,000 physicians by 2036.