Medical devices high on $9B list of wasteful Medicare spending

Medicare spent nearly $9 billion on "low-value" procedures in 2009, including coronary stenting, spinal fusion and knee arthroscopy, according to Harvard researchers.

Medicare may have spent as much as $8.5 billion on procedures and tests that likely had minimal, if any, impact on patients' health, and medical devices are high on the list of culprits, according to a new report from Harvard Medical School.

Centers for Medicare and Medicaid Services (CMS)

News Well, Medicare, Reimbursement

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