This white paper warns that declining Medicare physician reimbursements are undermining the stability of the U.S. healthcare system, leading to practice closures, burnout, and reduced access to care, particularly in rural and underserved areas. It points to structural flaws such as budget neutrality, the lack of inflation adjustments, and mounting administrative burdens that are worsening workforce shortages. The paper calls for urgent, collaborative reform and stronger physician advocacy to restore Medicare's role as the steady anchor of American healthcare.
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