price_deflate

The current value that is being deflated to reference-period-equivalent dollars

current_value

What sector is being adjusted. Currently supports: ip, op, phys, snf, hh, hospice, part_b_drugs, part_d_drugs, and other

sector

current_year

The base period to standardize to (2002 - 2014).

reference_year


CMS publishes yearly final rules that detail annual price increases across 
various sectors of healthcare spending. In order to analyze spending
increases due to utilization changes, it is frequently useful to "deflate"
spending based on a reference period, so that observed changes are not due to
inflation.


Publicly available data from Medicare frequently requires extensive
initial effort to extract desired variables and merge them; this package
formalizes the techniques I've found work best. More information on the
Medicare program, as well as guidance for the publicly available data this package
targets, can be found on CMS's website covering publicly available data. See <https://www.cms.gov/Research-Statistics-Data-and-Systems/Research-Statistics-Data-and-Systems.html>.

price_deflate: Deflate prices within a sector, relative to a base period.

Description

Usage

Arguments

Value

Examples