Medicare Competitive Bidding

HEHS-95-238R: Published: Aug 11, 1995. Publicly Released: Aug 11, 1995.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO examined how Medicare could effectively use competitive bidding to set medical services and supply prices and achieve savings. GAO noted that: (1) competitive bidding has been effective in controlling the costs of the Department of Veterans Affairs' oxygen supplies, Arizona Medicaid capitation rates, and state supplemental food programs; (2) although no comprehensive savings estimates exist, there is evidence that Medicare could achieve substantial savings by paying market rates for some services; (3) the impact of competitive bidding on Medicare costs depends upon market structure, the bid award process, and the cost of administering the bidding process; (4) likely candidates for competitive bidding include clinical laboratory services, durable medical equipment, medical imaging tests, and cardiac procedures; and (5) services and supplies that can be compared on the basis of price alone represent the most promising candidates for competitive bidding.

Nov 15, 2017

Nov 14, 2017

Nov 13, 2017

Nov 6, 2017

Oct 31, 2017

Oct 18, 2017

Oct 4, 2017

Looking for more? Browse all our products here