New reimbursement data just in from CMS. Oxygen took a big hit in 2009
We just requested a whole bunch of data from CMS, and it has begun to trickle in. The data below is DMEPOS spending for the product categories that make up all of "Medical Equipment and Supplies."
The most interesting data here relates to oxygen spending, which dropped by $800 million in 2009 compared to 2008, from $2.8 billion to $2 billion. Looks like the oxygen cap and 9.5% cut, which took effect Jan. 1, 2009, played out the way CMS hoped they would.
Without further ado, here's the data. The dollar amounts are for allowed charges.
Med/surge supplies: $176 million $202 million
Hospital beds: $276 million $244 million
Oxygen and supplies: $2.8 billion $2 billion
Wheelchairs: $1.5 billion $1.4 billion
Other DME: $3.3 billion $3.4 billion
O&P devices: $2 billion $2.2 billion
Respiratory meds: $656 million $588 million
Grand total: $10.7 $10 billion
If you'd like more Medicare reimbursement data, check out the HME News Databank. We'll also be presenting our annual Financial Benchmarking Survey at the HME News Business Summit, Sept. 12-14 in Nashville.