What if regulations prevented your doctor from prescribing you the correct course of treatment for your illness? That is exactly what will be happening, as the Centers for Medicare and Medicaid (CMS) moves ahead to implement a seriously flawed medical device auction program. That program, if not fixed, will reduce patient access to prescribed medical […]
The following a statement by Steve Pociask, President of the ACI: “The CMS bidding process is so fatally flawed that it will fail to find sustainable market prices for medical equipment. This will create market shortages that will push efficient suppliers to bankruptcy and mean that many patients will not have access to medical […]
In 2003 legislation required Medicare to begin a competitive bidding program for durable medical equipment. Later legislation delayed implementation until 2009. To support the original requirement in 2005 the Centers for Medicare and Medicaid Services ( CMS) began a study named Evaluation of National DMEPOS Competitive Bidding Program . The results of all research activities […]
You can read the entire letter to the white house here.
A recent study by the American Consumer Institute (ACI) concluded that the Centers for Medicare and Medicaid Services (CMS) new bidding program would likely lead to higher medical costs and reduced outcomes. The study’s findings are consistent with the conclusions of many auction experts who have pointed to flaws in the CMS program that would […]
By Erwin A. Blackstone and Joseph P. Fuhr Jr. In January 2011, Medicare began a program that employed a competitive bidding auction in an attempt to constrain prices for durable medical equipment and supplies (DMEPOS). However, there are other factors besides price — such as quality and level of service — that need to be […]