Centers for Medicare & Medicaid Services · Baltimore, MD United States
Company Description
View Centers for Medicare & Medicaid Services Locations On A US Map
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This link will open in a new window The Centers for Medicare & Medicaid Services (CMS) was created in 1977 to administer the Medicare and Medicaid programs, which together provide health care coverage to millions of Americans. Medicare provides hospital, medical, and prescription coverage for people over age 65 and for people with certain disabilities; Medicaid provides health care for people with low incomes (as defined by the government). CMS also runs the Children's Health Insurance Program (CHIP), which in partnership with state legislations provides health care for children and pregnant women that don't qualify for Medicaid. CMS is part of the Department of Health and Human Services . To read the full description, subscribe now.
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Key Centers for Medicare & Medicaid Services Financials
| Company Type | Government Agency Headquarters |
| Fiscal Year-End | September |
| Employees | 4,700 |
Centers for Medicare & Medicaid Services Executives
15 executives listed for Centers for Medicare & Medicaid Services's Baltimore, MD location.
| Title | Name & Bio | Contact |
| Acting Administrator | Charlene Frizzera | Network |
| Deputy COO | Michelle Snyder | Network |
| Acting Director Office of Financial Management | Deborah Taylor | Network |
Competition
Competitive Landscape for Centers for Medicare & Medicaid Services
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Centers for Medicare & Medicaid Services Competitors
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