An official with the Centers for Medicare & Medicaid Services testified February 28 before the Senate Finance Committee that the rate of increase in national health expenditures is the slowest it has been in the last 50 years, while Medicare and Medicaid fraud recoveries increased to a record $4.2 billion in 2012.
Jonathan Blum, acting principal deputy administrator and director, Center for Medicare, also testified that after fluctuating between 18.5% and 19.5% for the past 5 years, the 30-day all-cause hospital readmission rate declined to 17.8% in the last quarter of 2012. “This decrease is an early sign that our payment and delivery reforms are having an impact,” said Blum in his prepared remarks regarding the Affordable Care Act.
Mitka M. Delivery System Reform. JAMA. 2013;309(14):1452. doi:10.1001/jama.2013.3561
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