Decrease in Inflation-Adjusted Medicare Physician Fee Schedule Payments in Surgery from 2013 to 2023

  1. surgical procedures overall: payment decreased 22.8%
  2. vascular surgery: payment decreased 25.8%
  3. endocrine surgery: payment decreased 22.0%
  4. general surgery: payment decreased 27.0%
  5. thoracic surgery: payment decreased 19.2%
  6. surgical oncology: payment decreased 22.1%
  7. breast surgery: payment decreased 22.4%
  8. urology surgery: payment decreased 2.2%
  9. neurosurgery: payment decreased 22.8%
  10. obstetrics/gynecological surgery: payment decreased 19.9%
  11. orthopedic surgery: payment decreased 24.7%
Notes: The Consumer Price Index increased by 29.3% from 2013 to 2023.

Source: Surgery, "Analysis of 10-year trends in Medicare Physician Fee Schedule payments in surgery," January 22, 2024 - https://www.sciencedirect.com/science/article/abs/pii/S0039606023009522