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Accession Number
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PB2012-111173
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Title
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Geographic Adjustment in Medicare Payment Phase 1: Improving Accuracy.
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Publication Date
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2012
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Media Count
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236p
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Personal Author
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F. A. Sloan M. Edmunds
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Abstract
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The Medicare system adjusts fee-for-service payments to hospitals and practitioners according to the geographic location in which providers practice, recognizing that certain costs beyond providers control vary between metropolitan and nonmetropolitan areas and also differ by region. The fundamental rationale for geographic adjustment is to create a payment structure that adjusts payments for input price differences that health care professionals and institutions face, such as the cost of employee compensation. Medicare provides health care coverage for 47 million Americans, including 39 million individuals who are 65 years of age and older and 8 million nonelderly people with permanent disabilities or end-stage renal disease
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Keywords
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Compensations
Cost indexes
Economic analysis
Employees
Fee schedules
Fee-for-service(FSS)
Geographic areas
Hospitals
Medicare
Payments
Wages
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Source Agency
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National Academy of Science Institute of Medicine
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NTIS Subject Category
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44B - Agency Administrative & Financial Management
44Q - Health Related Costs
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Corporate Author
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Institute of Medicine, Washington, DC. Div. of Health Care Services.
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Document Type
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Technical report
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Title Note
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N/A
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NTIS Issue Number
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1220
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Contract Number
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N/A
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