Friday, February 1, 2013

Homecare Association - CMS Pricing Program Spiraling Out of Control

Homecare Association Says CMS Pricing For DME Equipment Will Endanger Seniors, Cost Jobs,... -- WASHINGTON, Jan. 30, 2013 /PRNewswire-USNewswire/ --:

"While CMS, which administers the Medicare program, alleges it will save an average of 45 percent on certain medical equipment by extending its controversial bidding program to 91 new areas, those so-called savings are created by a sharp decline in utilization of home medical equipment by Medicare patients. Experts say the unrealistic low prices for durable medical equipment (DME), like the ones announced today, are forcing providers in the affected communities to go out of business or no longer offer products or services to Medicare beneficiaries.

"It's ironic that a program that is supposed to increase competition among providers is actually reducing competition, costing jobs in communities, and putting Medicare patients at risk," said Tyler Wilson , president of the American Association for Homecare (AAHomecare). "This program is spiraling out of control. Providers, consumer advocates, and economists are urgently calling on Congress to adopt a better system.""

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