Medicare Physician Payment Transparency and Assessment Act of 2011

[AI summary unavailable — showing source text] Medicare Physician Payment Transparency and Assessment Act of 2011 - Amends title XVIII (Medicare) of the Social Security Act, as amended by the Patient Protection and Affordable Care Act, to direct the Secretary of Health and Human Services (HHS) to identify physician services annually (currently, periodically) as being potentially misvalued using specified criteria. Authorizes the Secretary to use existing processes to receive recommendations on the review and appropriate adjustment of potentially misvalued physician services, but only to the extent consistent with the use of analytic contractors. Requires the Secretary of HHS to use analytic contractors to identify, and analyze services identified as being, potentially misvalued physician services, and perform related tasks as currently authorized.…