Medicare Flashcards Preview

Healthcare Facts > Medicare > Flashcards

Flashcards in Medicare Deck (13)
Loading flashcards...
0

How many Medicare in Alabama and how many in US?

1 million in Alabama

50 million in US

1

How many new Medicare patients per day?

7,000 new patients per day

2

What % of federal budget is medicare?

16%

3

What % of Medicare dollars spent on hospitals?

What % on doctors?

28% hospitals

24% on physicians

4

How much was spent on Medicare in 2012?

536 billion in 2012

70% ab
20% c
10%d

5

10% of Medicare patients account for_______% of spending.

60%

6

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

1.1 trillion dollars

7

How many Americans are baby boomer?

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

8

In 2013what % of gdp?
How much money ?

How long is a trillion seconds in time?

18% GDP

2.9 trillion.

How long is a trillion seconds 32000 years

9

Why is Medicare a problem ?

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.

10

What do you know about RAC?

In 2013 2.23 billion
40% appealed with 70% success

We are region c

11

What can be done to lower cost?

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

12

What is the king vs but well case?

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