Costs are rising and doctors are leaving | RTD Commentary by Dr. Joel Bundy
DR. JOEL BUNDY
October 28, 2025
Our nation’s health care system is under stress. Sadly, Virginia is not immune to the rising costs and strained health care workforce the rest of America is facing. The commonwealth ranks in the bottom half of states for physician availability, and by 2030, Virginia is projected to be short by nearly 4,000 doctors. This problem was exacerbated during the COVID-19 pandemic, which spurred physician burnout and resulted in critical staffin shortages.
This is making it challenging for Virginians to obtain primary care appointments, a particularly large concern for those who suffer from chronic disease or have complex health needs. In a state that is 88% rural, Virginians who live outside major cities are at serious risk. With fewer doctors available, patients often must wait longer for care and paymore out of pocket — costs that many simply can’t afford. Rural residents depend on community-based practices for their health care needs. These patients, many of whom live in under-resourced areas, are going to suffer the most if this trend continues.
Physician shortages are being amplified by shrinking Medicare payments. Even when adjusted for inflation, Medicare physician reimbursement has declined 33% since 2001, placing independent physicians in a dangerous position. Without reimbursement that keeps up with inflation, physicians are increasingly unable to expand their services, hire new staff, or take on new Medicare patients. This would put thousands of patients in Virginia at risk of losing access to local, timely, and affordable care.
Unable to keep up with the growing gap between reimbursement and rising costs, some doctors are even choosing to leave the Medicare program altogether. Primary care physicians have been exiting traditional Medicare at the highest rates, with 4.41% departing in 2023. Small practices, the pillars of Virginia’s rural communities, are especially vulnerable to the forces pushing physicians to exit.
The U.S., in short, needs long-term Medicare payment reform before it is too late. The latest Medicare Physician Fee Schedule (MPFS) proposed rule is a positive step in the right direction. Following a directive from Congress, Centers for Medicare and Medicaid Services (CMS) proposed a small increase in physician reimbursement next year.
During a recent hearing, our very own Rep. Morgan Griffith, of Virginia’s 9th District and chairman of the House Energy and Commerce Subcommittee on Health, said he wants to bolster the health care workforce and improve health care in rural communities. As a physician leader, I could not agree more. We encourage Congressman Griffith and all members on Congress to support long-term Medicare payment reform, so our physicians and our patients don’t have to suffer.
It’s time for Congress to pass long-term Medicare payment reform that ties annual reimbursement rates to inflation. From wages and rent to medical supplies and equipment, the cost of running a medical practice continues to rise. Yet Medicare payments to physicians have not kept pace. This mismatch threatens the viability of independent practices — especially here in Virginia — and could limit access to care for millions of Americans.
Dr. Joel Bundy was president of the Medical Society of Virginia 2024-2025.
Read article on Richmond-Times Dispatch here or on the Daily Progress here.


