Competitive Bidding Could Save Medicare $1B in 2009
On Thursday, Acting CMS Administrator Kerry Weems said that a new Medicare competitive bidding program for durable medical equipment could save the program and beneficiaries $1 billion in 2009. CMS said it expects to see average savings of 26% in the 10 geographic regions.
- "Medicare Bids May Help Save $1B" (Lipman, Miami Herald, 3/21).