Today the Centers for Medicare and Medicaid Services (CMS) set arbitrary prices for Medicare Durable Medical Equipment (DME) supplies based on CMS’ flawed bidding process. It was not the¬ bidders¬ who set the prices, but¬ CMS¬ through its arbitrary manipulation of the quantities associated with each bidder. CMS was able to pick . . . → Read More: Anatomy of a Failed “Auction” for Medicare Supplies
Here is a quick update on the Medicare auctions.
You may recall that one month ago on June 17, President Obama received a¬ letter from 244 concerned auction experts¬ on the Medicare competitive bidding program for durable medical equipment, pointing out the fatal flaws in the Medicare auctions.
Since that time, I and others . . . → Read More: Medicare auctions update: video and legislation
On 24 May 2011, a Medicare competitive bidding update was presented to Congress. The event organized by Congresswoman Nancy Johnson and Professor Peter Cramton included a diverse and talented panel of experts: Peter Cramton, Professor of Economics, University of Maryland; Tom Milam, Member, Program Advisory and Oversight Committee (PAOC), Former COO, AmMed Direct; Barbara . . . → Read More: Congressional briefing on Medicare auctions identifies fatal flaws
I wish to announce an important event on the Hill on Tuesday, discussing the Medicare DME Competitive Bidding Program:
Competitive Bidding Congressional Update‚ÄĒWhat You Need to Know, 11-12:30, 24 May 2011, 1539 Longworth House Office Building, sponsored by U.S. Representative Sue Myrick (R-NC).
The event is organized by former Congresswoman Nancy Johnson and myself, . . . → Read More: Congressional briefing on Medicare auction program
Program Advisory and Oversight Committee (PAOC)
Dear PAOC Members:
On 5 April 2011, you met at CMS headquarters in Baltimore to examine the status of the Medicare competitive bidding program. I was grateful that the meeting was open to the public and that I had an opportunity to meet many of you. I . . . → Read More: PAOC meeting on Medicare competitive bidding: The train wreck hasn’t happened yet
On 1 April 2011, 110 stakeholders in the Medicare Durable Medical Equipment (DME) industry came to the University of Maryland to discuss how the CMS‚Äô current competitive bidding program could be improved. The participants included Medicare providers, government leaders, and auction experts. A major part of the event was the conduct of a mock . . . → Read More: Medicare auction update: It still needs to be fixed!