Medicare paid almost 4,000 doctors and medical providers more than $1 million apiece in 2012, including seven who received more than $10 million. Eye doctors were among the highest compensated, including one Florida ophthalmologist who received $21 million.
A doctor who treats a degenerative eye disease in seniors was paid $21 million by Medicare in 2012, twice the amount received by the next ophthalmologist on a list of 880,000 medical providers released by the government.
A Mark Rothko painting owned by Microsoft Corp. co-founder and billionaire Paul Allen helped boutique auctioneer Phillips sell $132 million worth of art, capping two weeks of marathon sales in New York.
Doctors denounced the accuracy and value of data listing $77 billion in Medicare payments to 880,000 medical providers, while consumer and industry groups said it could make the health-care system more cost-effective.
Andy Warhol’s 1962 silkscreen painting “Four Marilyns” sold for $38.2 million at Phillips in New York Thursday night, the top price in a $78.6 contemporary- art sale that concluded two weeks of semi-annual evening auctions.