HME News
WASHINGTON – With CMS projecting competitive bidding will save $17 billion over 10 years, the industry may have to open its wallet a little wider than it expected–wider than it can afford, some stakeholders fear–to repeal the program.
Earlier this year, officials at the Congressional Budget Office (CBO) said it would cost the industry $9.6 billion over 10 years to repeal the program. But that was based on an average reimbursement cut of 26% for Round 1, stakeholders say. In July, CMS officials announced an average reimbursement cut of 32% for Round 1.2.