National Share Of Psychiatrists Billing Medicare Part B Declined From 44% In 2014 To 33% In 2022

The share of psychiatrists who bill Medicare Part B has declined from 44% in 2014 to 33% in 2022. In 2014, 22,409 of 50,416 active psychiatrists billed Medicare Part B. In 2022, 18,637 of 56,492 active psychiatrists billed Medicare Part B.

During this period, the number of psychiatrists practicing in the United States increased by 12.1%, representing a gain of 6,076 more psychiatrists, rising from 50,416 in 2014 to 56,492 in 2022. However, the number of psychiatrists billing Medicare Part B for more than 10 claims declined by 16.8%, (3,772 . . .