In 2001:
Total Medicare spending:
• $251 billion
Medicare spending distribution:
• Inpatient hospital: 38 percent
• Physician fee schedule: 17 percent
• Managed care: 15 percent
• Other: 12 percent
• Skilled nursing facilities: 5 percent
• Other hospital: 5 percent
• Home health: 3 percent
• Durable medical equipment: 2 percent
• Hospice: 1 percent
In 2011:
Total Medicare spending:
• $549 billion
Medicare spending distribution:
• Inpatient hospital: 24 percent
• Managed care: 23 percent
• Physician fee schedule: 12 percent
• Prescription drugs provided under Part D: 12 percent
• Other: 9 percent
• Skilled nursing facilities: 6 percent
• Other hospital: 6 percent
• Home health: 4 percent
• Hospice: 3 percent
• Durable medical equipment: 1 percent
More Articles on Transactions and Valuation Issues:
8 Statistics on Medicare Payments to ASCs From 2004 to 2011
4 Ways to Avoid Common Surgery Center Financial Mistakes
6 Tips for Building a Surgery Center the Smart Way
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
