Medicare payment trends compared to inflation for anesthesia services
Authors' conclusion
Average Medicare payment for common anesthesia services after adjusting for inflation have decreased from 2000 to 2020, consistent with findings in other physician specialties.
Study context
- Population
- High-volume anesthesia services in Medicare Part B claims (Physician/Supplier Procedure Summary (PSPS) datasets), 2000–202020 anesthesia services
- Outcome
- Inflation-adjusted average Medicare payment per anesthesia service
- Follow-up
- 2000 to 2020
Methodological detailsConsumer Price Index used as measure of inflation
- Consumer Price Index used as measure of inflation
Main finding
As reported in the abstract
Average Medicare payment, change (nominal)
20.1%
Average Medicare payment per anesthesia service, change after inflation adjustment (decrease)
20.8%
Observational data: associations, not effects.
Further findings
Medicare anesthesia conversion factor (CF) · 2000 to 2020
- CF increase (nominal)
- 24.9%
- Real value of CF, decrease after inflation adjustment
- 16.9%
Compound annual growth rate (CAGR) vs inflation
- Average CAGR across the 20 anesthesia services
- 0.88%
- Average annual inflation
- 2.06%
Original publication
Medicare payment trends compared to inflation for anesthesia services. J Clin Anesth. Published 21 June 2024. doi:10.
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