Measuring input prices for physicians: the revised Medicare Economic Index.

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Title
Measuring input prices for physicians: the revised Medicare Economic Index.
First Author
Freeland, Mark S
Date of Pub
1991 Summer
Pages
61-73
Abstract
Medicare payments for physician services under Part B were historically restrained by capping prevailing charges using the Medicare Economic Index (MEI). The MEI, an input price index for physician services that incorporates an adjustment for economywide labor productivity, has not undergone a major revision since 1975. The MEI is an important determinant of the annual volume performance standard that will be used to set aggregate increases in the revised system for paying physicians under Medicare beginning in 1992. The MEI will also be used in establishing the annual changes to the payment conversion factors under the new payment system.
Other Authors
Arnett 3d, Ross H; Brown, Aaron P; Chulis, George S
MeSH
Abstracting and Indexing/economics : Automobiles/economics : Efficiency : Employment/economics : Equipment and Supplies/economics : Health Expenditures/classification : Insurance, Liability/economics : Medicare Part B/classification : Pharmaceutical Preparations : Physicians' Offices/economics : Practice Management, Medical/economics/legislation & jurisprudence : Salaries and Fringe Benefits : United States
Issue
4
NTIS Number
PB2001-105731
Volume
12