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The 3.37% Medicare physician pay cut that took effect Jan. 1 is not the only compensation cut some physicians are facing in 2024, according to a Jan. 11 report from the American Medical Association.

There are 6,129 active hospitals in the U.S., holding a total of 919,649 beds nationwide, according to the American Hospital Association's 2023 annual survey, last updated in May. 

Retirement is a natural part of any physician's career, but it looks different for everyone.

Several major health systems and physician practices have cut ties with Medicare Advantage plans in the last year, citing declining reimbursements and patient care issues. 

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