Bethesda, MD (June 08, 2015) - Cardiology was among the top 10 provider specialties with the highest average amounts allowed by Medicare, according to the Centers for Medicare & Medicaid Services (CMS). Most of the costs came from medical services rather than drugs administered.
CMS released on June 1 its third annual round of data on Medicare hospitalization use and payments and its second annual round of data on physician and supplier Medicare Part B billing and payments. The 2013 physician dataset included payments and charges submitted for services and procedures by provider. It tallied the total number of services furnished, the provider’s average charge, the average Medicare payment and the average Medicare-allowed amount.
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