Medicare Charged & Paid Different Amounts for Same Procedure

Dr. Andrew Gonzalez discusses the recent data from CMS indicating that Medicare pays different amounts to hospitals for the same exact procedure. Interestingly, hospitals charge tremendously different rates for identical procedures.

The interview – in which he explains the difference between charge, costs, and payments – was carried on the David Pakman Show and can be seen below:

 

The story broke HERE on the Washington Post May 8m 2013. Or DOWNLOAD the CMS data for yourself.

"Medicare" (Aaron Fulkerson | Creative Commons)