By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Squandering Medicare’s Money
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Squandering Medicare’s Money
BusinessPolicy & Law

Squandering Medicare’s Money

JohnCGoodman
JohnCGoodman
Share
2 Min Read
SHARE

Medicare spends a fortune each year on procedures that have no proven benefit and should not be covered. According to Rita F. Redberg, writing in The New York Times, examples abound:

Medicare spends a fortune each year on procedures that have no proven benefit and should not be covered. According to Rita F. Redberg, writing in The New York Times, examples abound:

  • Medicare pays for routine screening colonoscopies in patients over 75 even though the United States Preventive Services Task Force … advises against them (and against any colonoscopies for patients over 85). In 2009, Medicare paid doctors more than $100 million for nearly 550,000 screening colonoscopies; around 40 percent were for patients over 75.
  • The task force recommends against screening for prostate cancer in men 75 and older, and screening for cervical cancer in women 65 and older who have had a previous normal Pap smear, but Medicare spent more than $50 million in 2008 on such screenings.
  • Two recent randomized trials found that patients receiving two popular procedures for vertebral fractures, kyphoplasty and vertebroplasty, experienced no more relief than those receiving a sham procedure … Nevertheless, Medicare pays for 100,000 of these procedures a year, at a cost of around $1 billion.
  • Multiple clinical trials have shown that cardiac stents are no more effective than drugs or lifestyle changes in preventing heart attacks or death. Yet one study estimated that Medicare spends $1.6 billion on drug-coated stents … annually.
  • A recent study found that one-fifth of all implantable cardiac defibrillators were placed in patients who, according to clinical guidelines, will not benefit from them. But Medicare pays for them anyway, at a cost of $50,000 to $100,000 per device implantation.
   

TAGGED:healthcare businesshealthcare policyMedicare
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

nurse leaders
Shaping Tomorrow’s Healthcare: The Role of Nurse Leaders
Nursing
March 10, 2026
Nursing shortage
Does Educational Rigor Negatively Impact the Talent Pool for Nursing?
Career Nursing
March 9, 2026
How Bottleless Office Water Coolers Support Corporate Sustainability Goals
eHealth Fitness Health lifestyle
March 9, 2026
public health housing
Structural Integrity in Homes and Its Impact on Public Health
Public Health
March 5, 2026

You Might also Like

Telehealth Project from my UW SON Clinical Informatics class. Circa 2011
BusinesseHealthFinanceHospital AdministrationTechnology

BIG-BIG-BIG: Company, Heart and Checkbook

March 12, 2015

Blogging for National Healthcare Decisions Day: A Rally for Our Loved Ones and Ourselves

April 16, 2012

Hospital Readmissions

January 29, 2013

Genes May Reduce Guesswork for ADHD, Depression Treatments

November 8, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?