Medicare advisory group endorses competitive bidding
April 28, 2003
WASHINGTON - An influential Medicare advisory panel agreed at its meeting last week that competitive bidding could save money without reducing patient access or quality.
While the Medicare Payment Advisory Commission (MedPAC) endorsed national competitive bidding for DME, the group will refrain from issuing a written recommendation until CMS publishes a final evaulation of the demonstrations in Polk County and Florida. That report could be released this summer.
The Medicare Payment Advisory Commission (MedPAC) includes 17 members, who bring diverse expertise in the financing and delivery of health services. Many members of Congress consider MedPAC's annual report gospel.