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Fed White Paper: 'The Consequences of Medicare Pricing - An Explanation of Treatment Choice'
August 22, 2020
WASHINGTON, Aug. 22 -- The Federal Reserve issued the following white paper entitled "The Consequences of Medicare Pricing: An Explanation of Treatment Choice". Here are excerpts of the white paper written by Elena Falcettoni, economist of the payment system studies section:

Abstract

Primary care physicians (PCPs) provide more specialty procedures in less-urban areas, where specialists are fewer. Using a structural random-coefficient model and the demographic . . .

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