Posts Tagged ‘billion’
2009 Report: False Medicare Claims Cost Government More Than $47 Billion
The Associated Press: “The government paid more than $47 billion in questionable Medicare claims including medical treatment showing little relation to a patient’s condition, wasting taxpayer dollars at a rate nearly three times the previous year.
Ineffective Pain Care Costs Americans More Than $100 Billion Annually
A new Pain Medicine Position Paper published by leaders of the American Academy of Pain Medicine (AAPM), reveals businesses lose $61 billion annually due to ineffective pain care and the lack of optimal pain care delivery. Leaders from the organization are now implementing and teaching a new, “population-based” approach to delivering care with the goal of alleviating pain so patients can get on with their lives. AAPMedicine’s President Rollin M.
Some Senate Democrats Help Republicans Defeat $247 Billion Medicare Payment ‘Doctor Fix’
“Democrats lost a big test vote on health care legislation on Wednesday as the Senate blocked action on a bill to increase Medicare payments to doctors at a cost of $247 billion over 10 years,” the The New York Times reports. Senate Majority Leader Harry Reid, a Nevada Democrat, “needed 60 votes to proceed. He won only 47. And he could not blame Republicans.
CBO Estimate: House Bill Closing In On Obama’s $900 Billion Limit
An initial Congressional Budget Office estimate of a version of health reform legislation favored by House liberals puts the price-tag within reach of President Obama’s stated $900 billion limit for the overhaul, The Washington Post reports. The estimate comes in at $905 billion.
Pzifer To Pay $2.3 Billion In Medicare/Medicaid Fraud Settlement
The Obama administration announced a landmark $2.3 billion health care fraud settlement with Pfizer, Inc. Wednesday, which is expected to change drug companies’ promotion of off-label use of medicines. The Baltimore Sun reports that the Justice Department “said that Pfizer and its subsidiary Pharmacia & Upjohn Company Inc.
Michigan Faces Nearly $1.5 Billion In Medicare-Funded Nursing Home Cuts Over 10 Years, Placing 1,800 Jobs In Jeopardy
An American Health Care Association (AHCA) analysis of a pending U.S. House health reform bill, HR 3200, finds seniors in Michigan requiring nursing and rehabilitative care will face funding cuts of $1.5 billion over the next 10 years. This equals the 10th highest state cut across the nation. These cuts are in addition to a recently-enacted Medicare regulatory change cutting Medicare-funded nursing home care by $12 billion during the same time period.
New Study Of House Health Reform Bill: Ohio Faces Over $2.5 Billion In Medicare-Funded Nursing Home Cuts Over Ten Years
A new American Health Care Association (AHCA) analysis of the pending House health reform bill, combined with the impact of a recently-enacted Medicare regulation cutting Medicare-funded nursing home care by $12 billion over ten years, finds seniors in Ohio requiring nursing and rehabilitative care will face total funding cuts of more than $2.5 billion over that same time period, which equals the fifth highest state cut across the 50 states.
Global Pain Management Set To Drive Transdermal Patches And Gels To $8 Billion In 2012
The growing incidence of diseases and conditions related to aging is creating pockets of opportunity for pain management. These opportunities include the expanding use of prescription NSAIDs as second-line therapies for chronic pain and an increase in off-label prescribing. As populations and indications evolve, so too is the pain management sector.
In 2009 Extra Payments To Medicare Advantage Plans To Total $11.4 Billion
Private Medicare Advantage (MA) plans will be paid $11.4 billion more in 2009 than what the same beneficiaries would have cost in the traditional Medicare fee-for-service program, according to a new report released by The Commonwealth Fund. This new analysis, The Continuing Costs of Privatization: Extra Payments to Medicare Advantage Plans Jump to $11.4 Billion in 2009, estimates that since MA was enacted in 2004, $43 billion in extra payments have been made.
Avalere Health Finds New Plan To Reform Medicare Post-Acute And Long Term Care System Could Save U.S. Approximately $35 Billion Over Ten Years
Saying the opportunity now exists for the Obama Administration and Congress to both enhance U.S. seniors’ care choices as well as save approximately $35 billion over ten years by adopting a new Medicare post-acute and long term care reform plan, the nation’s leading long term care advocacy organizations warned any broad-based reform of the nation’s health care system in the months ahead will be incomplete without including long term and post-acute care.
Rx Drug Compare
Translator
By N2H