The Medicare Payment Advisory Commission (MedPAC) recently released the 2018 Payment Basics, a series of briefs on the various Medicare payment systems. Medicare has more than 20 distinct systems for paying health care providers who serve Medicare beneficiaries. Updated on an annual basis, the Payment Basics document a series of explainers on how Medicare’s payment systems function. Payment systems reviewed included but are not limited to accountable care organizations, physicians and other health professionals, and Part B drugs.
More information on MedPAC is available on their website.