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  •  At the same time (1+ / 0-)
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    Gooserock

    these hospitals are buying out local doctors and once those providers become part of a hospital Medicare pays them a premium for all of their services.

    As a result, Medicare ends up paying twice as much for an electrocardiogram or an echocardiogram. So at the end of the day I'll bet that this consolidation cancels out any savings.

    Medicare Panel Urges Cuts to Hospital Payments for Services Doctors Offer for Less

    WASHINGTON — A federal advisory panel said Friday that Congress should move immediately to cut payments to hospitals for many services that can be provided at much lower cost in doctors’ offices.

    The Medicare Payment Advisory Commission said the current payment disparities had created incentives for hospitals to buy physician practices, driving up costs for the Medicare program and for beneficiaries. Hospital buyouts of doctors, turning independent practitioners into hospital employees, have also led to higher spending by private insurers and higher co-payments for their policyholders, the commission said.

    “In many cases, a physician’s practice that is purchased by a hospital stays in the same location and treats the same patients,” but “Medicare and beneficiaries pay more for the same services,” the 17-member commission said in a report to Congress.

    There are all kinds of unintended side effects associated with the ACA.

    The only trouble with retirement is...I never get a day off!

    by Mr Robert on Sun Jul 07, 2013 at 01:01:58 PM PDT

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