Medicare Revamps Competitive Bidding Program

The Centers for Medicare & Medicaid Services is preparing to revive competitive bidding program for durable medical equipment that industry members helped sink last summer when it was originally scheduled to take effect, CQ HealthBeat reports. The agency had anticipated a 26 percent savings for wheelchairs, oxygen tanks and other pieces of equipment through the program.

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Filed under: Medicare / Medicaid / Tricare on June 5th, 2009