10 Statistics on Medicare Program Spending in 2012

In its annual report to Congress, the Medicare Payment Advisory Commission broke down the price tag for the Medicare program in 2012.

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Medicare’s spending includes acute, post-acute and ambulatory care, in addition to prescription drug coverage. Here are 10 statistics showing how much Medicare spent on different categories of care in 2012. Note: Individual amounts may not add up to the total because of rounding. “Other” includes items such as durable medical equipment and physician-administered drugs.

Medicare program spending in 2012

Spending category

Dollars (in billions)

Percent

Inpatient hospital

$140

24.4

Outpatient hospital

$39

6.8

Skilled nursing facilities

$28

4.9

Home health

$19

3.3

Physician fee schedule

$70

12.2

Medicare Advantage

$136

23.7

Prescription drugs

$67

11.7

Hospice

$15

2.6

Administration

$8

1.4

Other

$52

9.1

Total

$574

100

More Articles on Healthcare Spending:
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Medicare Paid $17M to Physicians Charged With Fraud in 2012
CMS Data: 25% of Physicians Account for Most Medicare Spending 

 

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