Forbes February 18, 2024
The Medicare and Medicaid programs cover more than 40% of insured U.S. population. In 2022, taxpayers spent $1.8 trillion on these programs, one-third greater than on private programs. Most academic studies and industry reports on these programs were made possible by researchers’ access to data collected by the Centers for Medicare and Medicaid Services (CMS). CMS monopolizes such data and is now seeking a hefty rent through an ugly power play.
On Monday, CMS announced that it will terminate existing institutional access to Medicare and Medicaid data. All future access must take place through its excessively priced channel with substantial restrictions. Regardless of public feedback, CMS will start implementing these mandates within 10 weeks.
At least three negative consequences will...
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