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Medicare Spending on Prosthetics

What has happened to Medicare’s Spending on Prosthetics since 2010?

AOPA has analyzed the data, and the picture is clear. Medicare spent 15% less in 2014 than in 2010 on prosthetics.

Medicare spending on advanced prosthetics has trended down 40%, while spending on older technologies has trended up – 35%. Overall spending has decreased by 14% since 2010.2010-2014 medicare data

Year All Prosthetic Spending Year All Prosthetic Spending
2005 $607,797,189 2010 $770,462,739
2006 $628,220,869 2011 $756,265,554
2007 $676,421,628 2012 $710,599,456
2008 $704,604,327 2013 $664,405,441
2009 $753,410,033 2014  $662,585,471

 

Medicare Spending has INCREASED on antiquated prosthetics and DECREASED on Newer Technologies.

2014 medicare data technolgy

2010 2011 2012 2013 2014 Total % Change  2010-2014
K3 & K4 Feet $90,386,136 $87,863,510 $80,780,898 $61,078,042 $57,205,529 -41.6%
K1 & K2 Feet $3,123,856 $3,385,101 $3,815,199 $4,540,293 $4,98,3348 49.9%

 

 glass ceiling medicare  spending since 2010