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:1/22/2015)... 2015 Recently, Weddingshe.com has added many trendy ... announced its highest annual revenues in the past three years. ... glamorous wedding dresses. , According to the sales manager of ... promotions for them in 2015. This point can be reflected ...
    (Date:1/22/2015)... Four years since the release of their debut recording ... marriage of Avasa & Matthew Love – the duo are pleased ... release through White Swan Records on February 24, 2015. , THE ... path available to all of us to walk out of the ...
    (Date:1/22/2015)... EBSCO Information Services (EBSCO) and the ... in an effort to further promote visibility and adoption of ... long made AMA journals available via its subscription services, EBSCO ... Network. , Long known as both a subscription ...
    (Date:1/22/2015)... 22, 2015 JJsHouse.com is a famous dress ... the business announces its latest collection of wedding dresses ... most important issue is the wedding dress on your big ... a woman’s life. Every bride wants to find the most ...
    (Date:1/22/2015)... Lower-Auto-Insurance.com has released a new blog post explaining the ... reducing the costs of an auto insurance policy . ... get lower prices for their vehicle insurance policies. The safety a ... policy costs. Because of this, drivers should always carry a ...
    Breaking Medicine News(10 mins):Health News:Weddingshe Announces A Special Offer On Its Popular Glamorous Wedding Dresses 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:EBSCO Expands Partnership with the American Medical Association 2Health News:EBSCO Expands Partnership with the American Medical Association 3Health News:EBSCO Expands Partnership with the American Medical Association 4Health News:Find The Most Suitable Wedding Dress At JJsHouse.com 2Health News:Driving Safe And Other Factors That Make Auto Insurance Affordable! 2
    ... have found that shock wave lithotripsy, which is given for ... also hypertension in later part of life. //Risk for diabetes ... of the shock waves administered; hypertension was related to treatment ... uses shock waves to break up an impassable kidney stone ...
    ... Lanka has increased in multifold with people consuming the poisonous seeds ... trivial reasons. ,This is an ornamental plant often used ... trumpet-like flowers and a fruit the size of a conker. Inside ... enough to kill you, the online edition of BBC News reported. ...
    ... Gujarat Health Minister Ashok Bhatt has confirmed the absence of ... of bird-flu// also yielded negative results. ,Kadar Murghiwala, ... under his care died. Suspecting a possible bird-flu infection following ... and kept in an isolation ward. The symptoms of bird-flu ...
    ... million Australians have diabetes. New South Wales (NSW) has recorded ... over the past 10 years. Experts have asked the health ... diabetes. Sooner if it continues it is expected that about ... reason for this increase is that of the diet and ...
    ... the drug system. Health Minister George Smitherman said that ... program//. He also said that he would introduce more ... sustainable. They will also speed up the slow drug ... taxpayers have not received fair value for their dollar, ...
    ... the state, Madhya Pradesh legislators seems to be totally unconcerned ... group//. ,The state, one of the largest in the ... childbirths while the maternal mortality rate stands at 498 per ... second highest rate of infant and maternal mortality in the ...
    Cached Medicine News:Health News:Shock Wave Therapy Increase The Risk Of Diabetes 2Health News:Shock Wave Therapy Increase The Risk Of Diabetes 3Health News:Its High Time the Australian Government Takes Steps against Diabetes 2
    (Date:1/23/2015)... , Jan. 23, 2015  Today the U.S. Food ... Bexsero® for the prevention of serogroup B meningococcal ... and Pfizer,s vaccine Trumenba®, which received FDA approval in ... this devastating disease. "I have heard ...
    (Date:1/23/2015)... Markets ( http://www.researchandmarkets.com/research/5dh22x/urinary_catheters ) has announced the ... Foley Catheters, Intermittent Catheters and Male External or Condom ... and Forecast 2014 - 2020" report to their ... market for urinary catheters is experiencing a healthy growth ...
    (Date:1/23/2015)... Inc. (NASDAQ: NWBO )("NW Bio"), a U.S. biotechnology ... solid tumor cancers, announced today that CEO Linda Powers ... Immunotherapy Forum in Washington D.C. ... January 26 at 10:30 a.m. EST at the Grand Hyatt ...
    Breaking Medicine Technology:The National Meningitis Association (NMA) Applauds FDA Approval of Second Vaccine To Protect Against Serogroup B Meningococcal Disease 2Urinary Catheters Market (Indwelling or Foley Catheters, Intermittent Catheters and Male External or Condom Catheters) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 2Urinary Catheters Market (Indwelling or Foley Catheters, Intermittent Catheters and Male External or Condom Catheters) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 3NW Bio To Present At The 7th Annual Phacilitate Immunotherapy Forum 2NW Bio To Present At The 7th Annual Phacilitate Immunotherapy Forum 3
    ... Technologies for Surgery , , TEXARKANA, Texas, June ... technology has three Texarkana neurosurgeons leading their industry by ... technique is improving the desired results of surgical interventions ... spine industry are predicting the latest developments in this ...
    ... Clofarabine, Thiarabine Achieves High Cure Rate in a Colorectal Cancer Model ... PHARMACEUTICALS, INC. (OTC Bulletin Board: ACCP), ... data will shortly be published demonstrating that thiarabine combined with ... by either agent alone. In one colorectal cancer model, 66% of ...
    Cached Medicine Technology:Three Surgeons in East Texas Are Successfully Integrating a Novel Stem Cell Procedure for Spine Surgeries 2Three Surgeons in East Texas Are Successfully Integrating a Novel Stem Cell Procedure for Spine Surgeries 3Access Pharmaceuticals Announces Publication of Thiarabine Combination Data 2Access Pharmaceuticals Announces Publication of Thiarabine Combination Data 3Access Pharmaceuticals Announces Publication of Thiarabine Combination Data 4
    ... Lens enhances iridectomy procedures by providing ... conventional iridectomy lens designs) with exceptional ... this lens has been increased from ... The MagPlus comes standard with LaserWindow ...
    ... The Fundus 20mm is ... Fundus Lens. The Fundus 20mm ... an increased 20mm contact element. ... that the contact element sits ...
    ... re-designed Super Macula® 2.2 offers extremely high ... fovea, while achieving an exceptionally wide 78° ... excellent choice for critical evaluation of the ... for detailed views of the macula and ...
    ... This specially adapted QuadrAspheric design with 10mm ... and management of retinopathy of prematurety (ROP) ... developed to aid the practitioner in the ... as well as those individuals with narrow ...
    Medicine Products: