Healing Medicare Hospital Recidivism: Causes and Cures
Ann Marie Marciarille
University of Missouri at Kansas City - School of Law
April 22, 2011
American Journal of Law and Medicine, Vol. 37, No. 41, 2011
The role of Medicare in our national market for acute care hospital services is that of a power buyer. Medicare beneficiaries in 2008 included some 45.2 million people. Total benefits paid in 2008 were $462 billion, including 29% of all hospital spending.2 Medicare’s dominance in the buyer’s market for acute care hospital beds renders the program particularly well- suited to scrutinize the role of acute care hospital services in producing effective and efficient outcomes for Medicare beneficiaries. "[I]f there are to be far-reaching changes in the way medicine is practiced in this country, Medicare will have to drive them." It is a historical irony that a program, a scaled-down version of national health insurance, could have grown to this power buyer status; but the history of Medicare is full of ironies - the greatest of which may prove to be that Medicare reforms now sit at the very center of the funding mechanisms for the 2010 Patient Protection and Affordable Care Act (PPACA).
Number of Pages in PDF File: 40
Keywords: Medicare, payment systems reform
JEL Classification: K32, K23, K0, I11, I18Accepted Paper Series
Date posted: May 2, 2011
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo5 in 0.296 seconds