Source: Niskanen Center
by Caitlin Rowley Gallamore & Lawson Mansell
“The Centers for Medicare and Medicaid Services (CMS) is taking the next step to reduce Medicare’s unnecessary spending in high-cost hospital settings. Medicare’s payment policies have profound impacts on the supply of healthcare — where, when, and how services are provided to patients across the country. Existing payment policies disconnect the value of healthcare services from their costs. And because much of the healthcare system uses Medicare prices as a baseline for payment, the ripple effects of these distortions spread far beyond into the private market as well.” (09/01/26)