Medicare Flashcards

0
Q

How many new Medicare patients per day?

A

7,000 new patients per day

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1
Q

How many Medicare in Alabama and how many in US?

A

1 million in Alabama

50 million in US

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2
Q

What % of federal budget is medicare?

A

16%

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3
Q

What % of Medicare dollars spent on hospitals?

What % on doctors?

A

28% hospitals

24% on physicians

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4
Q

How much was spent on Medicare in 2012?

A

536 billion in 2012

70% ab
20% c
10%d

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5
Q

10% of Medicare patients account for_______% of spending.

A

60%

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6
Q

How much do we think the spending will be in 2023 ?

A

1.1 trillion dollars

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7
Q

How many Americans are baby boomer?

A

75 million Americans
3 million per year next 20 years
Fastest growing sector greater than 85

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8
Q

In 2013what % of gdp?
How much money ?

How long is a trillion seconds in time?

A

18% GDP

2.9 trillion.

How long is a trillion seconds 32000 years

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9
Q

Why is Medicare a problem ?

A

Not designed for the high costs
Or volume not suppose to live this long
Nor the high disease burden 1/2 have 2 or more chronic dx.

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10
Q

What do you know about RAC?

A

In 2013 2.23 billion
40% appealed with 70% success

We are region c

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11
Q

What can be done to lower cost?

A
Volume to value
Medicare payment reform
Bundled payments
Reduce Readmits
Transition clinics
Medical home
Mobile healthcare
Telemedicine
Alternate providers
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12
Q

What is the king vs but well case?

A

Supreme Court decide if federal subsidies legal
37 states
7.5 million people affected

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