Thursday, April 10, 2014

MEDICARE - Newly Released Data Raises Concern on Doctor Payouts

"Medicare data raises fresh questions about concentrated payout for few doctors" PBS NewsHour 4/9/2014


JUDY WOODRUFF (NewsHour):  An unprecedented release of data today is putting a new spotlight on what doctors are paid in the long-running battle over how to trim the nation’s health care spending.  The data, the first of its kind released by Medicare, offers a rare look at how $77 billion was paid by the government to 880,000 providers in 2012.

Among the key findings, just 3 percent of doctors and medical providers received at least one-quarter of all those payments.  News analyses also showed Medicare paid nearly 4,000 doctors and providers more than $1 million apiece that year.  The release of the data has long been the subject of an argument among consumer groups, watchdogs and doctors’ trade groups.

We look closer now at what the initial analyses showed with Shannon Pettypiece.  She reports for Bloomberg News.  And Dr. Ardis Dee Hoven, she’s the president of the American Medical Association, which had long opposed the release of this data.

No comments: