Medicare saves with HME, study says
WATERLOO, Iowa – Medicare sees significant cost savings when it preserves spending on home medical equipment, according to a new study unveiled at The VGM Group’s Heartland Conference this week.
The study, conducted by Brian Leitten of Leitten Consulting, found, for example, that for every $1 that Medicare pays for mobility equipment, it saves $16.78 in treatment for avoided falls.
“The message is clear: HME does save Medicare money and helps beneficiaries live where they want to be—at home,” said John Gallagher, vice president of government relations for VGM, in a press release.
Other examples from the study: For every $1 Medicare spends on supplemental oxygen therapy, it saves $9.62 in treatment for COPD-caused medical complications; and for every $1 Medicare spends on CPAP therapy, it saves $6.73 for the treatment of OSA-related complications.
The study is an update to a similar study in 2011.