Cost analysis evaluates profitability of intraocular lens procedures in an economic context, highlighting reimbursement issues.
Key Points
This research aims to identify the break-even times for secondary intraocular lens procedures performed with pars plana vitrectomy under Medicare rates.
Reviewed charts of patients who had secondary intraocular lens operations with pars plana vitrectomy in 2023.
Calculated total operative costs and expected Medicare reimbursements for each procedure.
Determined break-even times using the point at which reimbursement equals operative costs.
Median operative costs ranged from $6788.93 to $9393.56 depending on the number of surgeons.
Break-even times for procedures averaged around 75 to 77 minutes.
85.56% of procedures were found to be unprofitable, with negative margins ranging up to -$3395.04.