4 Recent Medicare, Medicaid Issues
Here are four issues dealing with Medicare or Medicaid that occurred in the past week, starting with the most recent.
1. If Congress passes a temporary fix to the sustainable growth rate for this year, as is expected, the total one-year cost will be $25 billion. The SGR is the formula used to determine Medicare payments to physicians.
2. Oklahoma was the latest state to reject the Medicaid expansion and health insurance exchange, which are part of President Barack Obama's Patient Protection and Affordable Care Act.
3. Medicare reimbursements reductions are a top shared concern between hospital C-level executives and supply chain leaders.
4. Hospital and healthcare revenue growth rates continued to trudge along at glacial rates, as the average per capita cost of healthcare services covered by commercial payors and Medicare increased only 5.06 percent from August through September, according to Standard & Poor's Healthcare Economic Indices.
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