CMS Chief Actuary: Estimated Savings from Annual Productivity Adjustment May Be ‘Unrealistic’

Estimated savings from the “productivity adjustment” proposed for Medicare health care provider payments including home health and hospice under health reform legislation “may be unrealistic,” according to a memorandum released Nov. 13 by Centers for Medicare & Medicaid Services (CMS) Chief Actuary Richard Foster. Ultimately, the adjustments could result in beneficiaries losing access to services,…