Here are five additional notes on physicians and Medicaid in 2024:
1. Ten percent of physicians said they are very supportive of accepting more Medicaid patients, while 22% are supportive, 19% are somewhat supportive and 21% are slightly supportive.
2. A majority of physicians said they find meeting prior authorization rules for Medicaid billing at least occasionally challenging. Twenty-five percent of physicians find meeting rules extremely challenging while 34% find it somewhat challenging and 26% find it occasionally challenging.
3. The largest challenge for physicians dealing with Medicaid is reimbursement rates (66%). Additional challenges (program rules, denied claims and costs of recoding/submitting claims) all ranked below 15%.
4. Thirty-seven percent of physicians said they believe their state’s Medicaid reimbursement rates are low compared to other states, while 38% believe they are on par with other states.
5. More than half of physicians said the time states take to analyze Medicaid claims is a moderate issue (49%) or a serious issue (19%).