News that the Obama administration is shifting more Medicare dollars away from fee-for-service medicine when it comes to paying for knee and hip replacements could force device makers to become more competitive or lose sales.
The U.S. Secretary of Health and Human Services last week proposed moving doctors and hospitals in 75 geographic areas to bundled payments, which makes the hospital where the surgery takes place be “accountable for the quality and costs of the care for the entire episode of care – from the time of the surgery through 90 days after discharge.”
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