Navigation Links
New Economic Study Exposes Faults in Controversial Medicare Competitive Bidding Program Scheduled to Start this Fall
Date:8/10/2009

ment altogether. Contracts were also awarded to unlicensed providers, which would have violated state standards.
  • Reduced access and declining quality of care under competitive bidding will force patients into institutionalized care. This will lead to higher long-term costs for Medicare -- not lower as CMS suggests.
  • One group that would benefit from competitive bidding is private insurance firms. Medicare reimbursement rates are the gold standard and the basis for reimbursement by all other forms of health insurance. An artificial lowering of Medicare rates is immediately followed by a lowering of all others. As price schedules fall, insurance firms' costs fall with them.
  • Despite the glaring flaws identified in this study, the competitive bidding program is set to go into effect in late October, 2009.

    "The bidding program forces an unsustainable business model on the DME industry," said study author Brian O'Roark, PhD. "Ninety percent of providers were excluded from participating because they could not meet the bid. Those who qualify are forced to sustain prices for three years -- an untenable position for any business."

    The misguided bidding program would allow the government to selectively contract with only a small group of homecare providers, based on lowest-cost, forcing out providers who use high-quality equipment or provide critical patient services. The bidding program ignores the provider's ability to serve a geographic market, meaning fewer home visits to patients in rural areas. By ignoring the role of service, bidding will result in fewer resources for setting up and adjusting wheelchairs, walkers, and hospital beds.

    Despite its misleading title, this bidding program is anti-competitive. During its initial implementation in 2008, the vast majority of providers were shut out of the program. Of the more th
    '/>"/>

    SOURCE American Association for Homecare
    Copyright©2009 PR Newswire.
    All rights reserved

    Page: 1 2 3 4

    Related medicine news :

    1. 2nd Quarter Snapshot Survey: The Personal Pain of Economic Disaster
    2. BD and Direct Relief International Team Up to Provide Free Diabetes Insulin Injection Products to Americans Impacted by the Economic Downturn
    3. New Analysis: Women of Low Socio-Economic Status Face Unique Challenges Related to Smoking, Smoking Ban Policies
    4. Increasing Regulation and Economic Volatility Key Catalysts for Risk Management in the Food System, Agribusiness and Beverage Industry, Says Report from Aon Analytics
    5. Healthcare: Solutions for the American Crisis The Economic Report Show to Feature Rising Medical Solutions, Inc.
    6. Study finds rapid growth in health costs hurts economic performance of US industries
    7. Economic Stimulus Package to Provide COBRA Subsidies to Laid-Off Workers, Says MedicareSupplementPlans.com
    8. Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs)
    9. Shifting Scientific, Health Priorities and Global Economic Downturn Impact Investment in HIV Prevention R&D
    10. Fat Reduction Market in Europe to Soar Despite Economic Downturn
    11. Pelosi Remarks on Economic Recovery Act at Mission Neighborhood Health Center in San Francisco
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:12/22/2014)... 7,178 small business owners and marketing professionals ... and opted instead to join Digital Marketer, an Austin, ... 5th annual “Black Friday Boot Camp”. , ... the 5 hour online training event and raised $50,000 ... two Central Texas based charities dedicated to fighting childhood ...
    (Date:12/22/2014)... December 22, 2014 Christmas is days away, ... a fast and easy solution that will please: the ... be purchased from from $25 up to $350," says Kathy ... customer satisfaction and a wide array of skin care products ... and no expiration dates. , Gift delivery past shipping ...
    (Date:12/22/2014)... December 21, 2014 A substantial ... chest computed tomography (CT) to evaluate abnormal findings ... including cancer, according to a new study published ... said the findings show that radiologist recommendations for ... contributions to patient care. , RAIs, which have ...
    (Date:12/22/2014)... 2014 Parker & Sons, Inc. a ... Arizona home contracting services reports a record number of ... services in 2014. As a company that has served ... Parker and Sons is a business that is focused ... side-by-side with other top quality companies in Arizona that ...
    (Date:12/21/2014)... Weddingshe.com, an outstanding online supplier of wedding ... its new selection of Cocktail Dresses for the winter ... the newest fashion trends. , “We take ... parties . All of them are offered at greatly ... making every effort to offer a nice shopping experience ...
    Breaking Medicine News(10 mins):Health News:Austin Company Digital Marketer Raises 100K to Fight Childhood Cancer 2Health News:Austin Company Digital Marketer Raises 100K to Fight Childhood Cancer 3Health News:RSNA: Radiologist Recommendations for Chest CT Have High Clinical Yield 2Health News:RSNA: Radiologist Recommendations for Chest CT Have High Clinical Yield 3Health News:Parker & Sons Reports A Record Number Of Favorable References With Regard To Its Quality Services In 2014 2Health News:Parker & Sons Reports A Record Number Of Favorable References With Regard To Its Quality Services In 2014 3Health News:Stunning Cocktail Party Dresses from Weddingshe.com 2
    ... developed by the Centers for Disease Control and ... Pediatrics (AAP), will be launched at the 2011 ... Oct. 15-17. "Autism Case Training -- ... on the fundamental components of identifying, diagnosing, and ...
    ... Flu activity levels in the United States are currently low, ... the U.S. Centers for Disease Control and Prevention reported Friday. ... season, the federal agency also said there should be plenty ... projected to be at an all-time high. "It takes ...
    ... received two grants totaling more than $4.3 million from ... and pediatric pharmacology and vision research as part of ... academic health centers and the College of Optometry. The ... SUNY Downstate Medical Center in Brooklyn, New York. ...
    ... effective than the current standard treatment. This is the ... described by Thilo Schwandner and colleagues in the current ... Arztebl Int 2011; 108[39]: 653-60). In Germany, ... problem is often caused by weakness of the pelvic ...
    ... News) -- Teen drivers are 50 percent more likely to crash ... are after driving for a full year, according to a study ... drivers are nearly twice as likely to crash in the first ... the study found. However, parents can help teens prevent accidents ...
    ... 14 (HealthDay News) -- One in six cellphones in Britain ... coli, likely because so many people don,t wash their hands ... The findings also suggest that many people lie about their ... of Hygiene & Tropical Medicine and Queen Mary, University of ...
    Cached Medicine News:Health News:CDC to launch new autism curriculum at AAP national conference & exhibition 2Health News:Get Your Flu Shot Now, CDC Urges 2Health News:SUNY receives $4.3 million for research in neuroscience, pediatric pharmacology and vision 2Health News:SUNY receives $4.3 million for research in neuroscience, pediatric pharmacology and vision 3Health News:Teen Crash Risk High in First Month of Driving, Study Finds 2Health News:1 in 6 Cellphones in Britain Contaminated With 'Fecal Matter' 2
    (Date:12/19/2014)... CHAPEL HILL, N.C. , Dec. 19, 2014 ... marketplace, innovative consumer research and marketing communication tools ... rich and globally competitive – consequently consumers, desires, ... In this environment, market research groups across ... research and marketing communication tools. However, the adoption ...
    (Date:12/19/2014)... Dec. 18, 2014 Somewhere between dropping five ... was forgotten. But Audicus , a next-generation hearing ... this new year. Hearing loss is the ... population, though it is often unaddressed. Forty-eight million Americans ... a hearing aid, mainly due to price. Hearing aids ...
    (Date:12/19/2014)... CITY, Calif., Dec. 18, 2014 Capnia, ... the development of medical diagnostics based on its ... gas flow, today announced financial results for the ... 2014. "Following the completion of our ... positioned to maximize the recently initiated CoSense® commercial ...
    Breaking Medicine Technology:Study Uncovers New Tools and Techniques for Understanding Consumer Decision Making 2Audicus Will Help People Resolve to Hear Better in 2015 2Capnia Reports Third Quarter 2014 Financial Results 2Capnia Reports Third Quarter 2014 Financial Results 3Capnia Reports Third Quarter 2014 Financial Results 4Capnia Reports Third Quarter 2014 Financial Results 5Capnia Reports Third Quarter 2014 Financial Results 6Capnia Reports Third Quarter 2014 Financial Results 7Capnia Reports Third Quarter 2014 Financial Results 8
    ... FALLS, N.J., Aug. 31, 2011 CANTEL MEDICAL CORP. ... A. Krakauer, President & CEO, will be presenting at the ... is scheduled for 11:15 AM EDT on Tuesday, September 13, ... City, with a Q & A session immediately following the ...
    ... Prix Galien USA Committee, responsible for awarding the most ... that Dr. Paul Farmer will be awarded the 2011 ... Galien USA Award Ceremony.  The annual award presentation accompanies ... made innovative contributions to biopharmaceutical and medical technology research ...
    Cached Medicine Technology:Dr. Paul Farmer Selected as 2011 Pro Bono Humanum Honoree by Prix Galien USA 2
    Olsen bayonet forceps, designed by Mr. Olsen in a configuration with 3 holes to make them lighter, more flexible, and also to ensure maximum grip for different procedures where there is limited acces...
    Angulated, blunt and pointed tips....
    Pointed, 12 cm long....
    All Bovie LLETZ Loop and Square electrodes feature tungsten wire for superior shape and integrity throughout the excision procedure. They use a standard 3/32" (2.3 mm) shaft....
    Medicine Products: