Total expenditures on physician and clinical services continue to increase and could hit around 800 billion U.S. dollars in 2020. Health care covered by private insurers accounts for around 40 percent of the expenditures, while the contribution from public health programs is also significant. The medical billing process is complex, and the amount physicians are reimbursed differs depending on the payer. Under the Medicare program, payments for services performed in a provider-based department are split in two: the physician bills for their professional services, but the hospital is compensated for the facility charges, which include expenses for personnel, equipment, and other resources. In contrast, for the same service at an independent clinic, the physician would bill for the full service.
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In the following 6 chapters, you will quickly find the 31 most important statistics relating to "Physicians".