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Cramton study now available on "startling and dramatic" data from Round 1 of competitive bidding
A 165-page, groundbreaking study of data from Round 1 of competitive bidding is now available. Peter Cramton, a University of Maryland economist who for years has served as an unofficial, academic watchdog examining the Competitive Bidding Program, used the Freedom of Information Act to acquire data from Round 1 of competitive bidding, and then analyzed the information.
He found a sharp decline in claims for HME products in Round 1 bidding areas, and rising risks of death and hospitalization among Medicare beneficiaries not getting necessary home medical equipment. Crampton's report is now available on his website.
“The startling and dramatic numbers from Round One underscore the fact that the current competitive bidding program is dangerously flawed and must be stopped,” AAHomecare said last week in releasing a summary of Cramton's study.
