MedPAC reports on Medicare spending

By HME News Staff
Updated 9:41 AM CDT, Thu July 21, 2022
WASHINGTON – The Medicare Payment Advisory Committee (MedPAC) has released its 2022 data book on health care spending and the Medicare program. The 208-page book provides data on Medicare spending, demographics of the Medicare population, beneficiary access to care and quality of care in the program, among other information. Among the data points in the book: Medicare was the largest single purchaser of personal health care in 2020, accounting for 22% of total spend; and Medicare spending is expected to exceed $1 trillion by 2023.
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