Sally Pipes writes for Forbes about the deeply flawed system used by CMS to gain bids for Medicare service providers (including for medical equipment, supplies and devices). The failed process is one that could only be conceived by government. For example, Pipes explains how bidders are allowed to bid to gain a contract but are not held to their bid. This has the perverse effect of driving legitimate (and honest) suppliers out of the marketplace and the low-ball bidders, once the win, can jack their prices up later.

Read Pipes full article here.

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