Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

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

M S Freeland, G S Chulis, R H Arnett

    Health Care Financing Review
    |February 3, 1992
    PubMed
    Summary

    The Medicare Economic Index (MEI), crucial for physician payment reform since 1975, needs updating. This index impacts Medicare Part B payments and future physician payment systems.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    Privacy preserving linkage using multiple match-keys.

    International journal of population data science·2020
    Same author

    Evaluation of approximate comparison methods on Bloom filters for probabilistic linkage.

    International journal of population data science·2020
    Same author

    Population Data Centre Profiles: Centre for Data Linkage.

    International journal of population data science·2020
    Same author

    Beam-induced oxidation of mixed-valent Fe (oxyhydr)oxides (green rust) monitored by STEM-EELS.

    Micron (Oxford, England : 1993)·2019
    Same author

    Healthy weight in pregnancy: time for a shift in approach?

    BJOG : an international journal of obstetrics and gynaecology·2019
    Same author

    Exogenous mineralization of hard tissues using photo-absorptive minerals and femto-second lasers; the case of dental enamel.

    Acta biomaterialia·2018

    Area of Science:

    • Health Economics
    • Public Policy
    • Medical Economics

    Background:

    • Medicare Part B historically capped physician service charges using the Medicare Economic Index (MEI).
    • The MEI, an input price index for physician services, includes an adjustment for economywide labor productivity.
    • The MEI has not been significantly revised since 1975.

    Purpose of the Study:

    • To highlight the critical role of the MEI in determining Medicare physician payment systems.
    • To underscore the importance of the MEI's upcoming use in the revised physician payment system starting in 1992.
    • To emphasize the MEI's function in setting annual changes to payment conversion factors.

    Main Methods:

    • Analysis of the historical role of the Medicare Economic Index (MEI) in Medicare physician payments.

    Related Experiment Videos

  • Examination of the MEI's components, including its adjustment for economywide labor productivity.
  • Review of the MEI's significance in the context of the impending 1992 Medicare physician payment reform.

    • Main Results:

    • The MEI has been a primary tool for restraining Medicare payments for physician services.
    • The MEI's structure, unchanged since 1975, influences the volume performance standard for aggregate payment increases.
    • The MEI is integral to the new physician payment system, affecting annual adjustments to payment conversion factors.

    Conclusions:

    • The Medicare Economic Index (MEI) is a foundational element in Medicare physician payment policy.
    • The MEI's long-standing structure necessitates consideration for future revisions to accurately reflect economic changes.
    • The MEI's role in the upcoming 1992 payment system underscores its continued importance in physician reimbursement.