Short history of competitive bidding in Medicare
August 13, 2012 Leave a comment
Austin Frakt has a post with a nice run down of various competitive bidding demonstrations/attempts in Medicare. He concludes:
Interestingly, in all cases where competitive bidding was tested, it led to large savings. However, more often than not, Congress or CMS repealed or suspended bidding demonstrations and programs.
The technical issues are hard enough, but the political barriers are immense.