Written by Carrie Pallardy |
June 02, 2015
CMS recently released data on Medicare payments to healthcare organizations and providers. Approximately, 3,900 healthcare providers received at least $1 million each in 2013, according to a Bloomberg Business report. Here are three things to know.
1. The CMS data covered $90 billion in payments to 950,000 healthcare providers and organizations.
2. Physicians received average reimbursement of $74,000. Just five physicians received more than $10 million in Medicare payments, according to the report.
3. Two individuals, cardiologist Asad Qamar, MD, and ophthalmologist Salomon Melgen, MD, received $15.9 million and $14.4 million in Medicare payments, respectively. Both physicians are now facing legal scrutiny.
More articles on coding and billing:
CollaborateMD launches new patient payment portal
New Jersey legislation to address surprise OON bills
7 statistics on healthcare consumer payment trends
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To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
June 02, 2015
CMS recently released data on Medicare payments to healthcare organizations and providers. Approximately, 3,900 healthcare providers received at least $1 million each in 2013, according to a Bloomberg Business report. Here are three things to know.
1. The CMS data covered $90 billion in payments to 950,000 healthcare providers and organizations.
2. Physicians received average reimbursement of $74,000. Just five physicians received more than $10 million in Medicare payments, according to the report.
3. Two individuals, cardiologist Asad Qamar, MD, and ophthalmologist Salomon Melgen, MD, received $15.9 million and $14.4 million in Medicare payments, respectively. Both physicians are now facing legal scrutiny.
More articles on coding and billing:
CollaborateMD launches new patient payment portal
New Jersey legislation to address surprise OON bills
7 statistics on healthcare consumer payment trends
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
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