September 15, 2011 - The Drug Discount Monitor publishes special print editions four times a year in conjunction with major national pharmaceutical conferences. Call (202) 552-5853 or send an email to tom.mirga@340binformed.associationbreeze.com if you would like to get them for a small additional fee. … [Read more...]
NCPDP Votes to Implement Contested 340B Telecommunication Standard
Standards group OKs separate request to limit access to 340B price data.August 29, 2011—The National Council for Prescription Drug Programs (NCPDP) has formally notified 340B health care providers that it will not change its forthcoming telecommunication standard to prevent pharmacy benefits managers (PBMs) and private payers from using it to lower reimbursement for 340B retail drugs. During an Aug. 11 meeting in Atlanta, representatives of … [Read more...]
CaptureRx Exec Sees Tauzin Playing a Lead Role in 340B
Will work to build bridges among stakeholders, Gilmartin says.August 23, 2011—New CaptureRx board member and executive Billy Tauzin will advocate actively on behalf of the company, its clients and the wider 340B provider community before Congress and the executive branch and with the drug industry and government and private payers, company co-founder and Chief Operating Officer Ed Gilmartin said in an interview with the Drug Discount … [Read more...]
Medicaid Pays Less Than Part D for Many Drugs, OIG Finds
Study expected to increase calls for Medicaid-like rebates on drugs for dual eligibles.August 23, 2011—State Medicaid agencies pay significantly less for brand-name drugs than commercial Medicare Part D plan sponsors because the statutorily defined Medicaid rebates that states receive on brand-name drugs are "substantially higher" than those negotiated by Part D plans, a new federal report concludes. The study, by the Department of Health and Human Services … [Read more...]
HRSA Plans to Issue Two 340B Proposed Rules in November
Notices will address ceiling price calculation and penalties for providers.August 23, 2011—The Health Resources and Services Administration (HRSA) says it will issue proposed regulations in November for the calculation of 340B ceiling prices and for fines and other penalties against 340B covered entities that knowingly divert covered outpatient drugs. HRSA disclosed its timetable for issuing the two notices of proposed rulemaking (NPRM) in the … [Read more...]
Ex-PhRMA CEO Tauzin Joins Board of CaptureRx
Former U.S. congressman represented drug industry during health care reform debate.August 18, 2011—In a surprising transfer of allegiance, former U.S. Rep. Billy Tauzin, who led the nation's top drug industry group during the fight in Congress over health care reform, has joined the board of directors of 340B services company CaptureRx. Tauzin will also serve as CaptureRx's chief industry relations officer, in which capacity he will seek to maintain "an … [Read more...]
Appeals Court Strikes Down Health Reform’s Insurance Mandate
340B and Medicaid expansion are left intact, however.August 12, 2011—A federal appeals court has struck down the Affordable Care Act's mandate that all Americans purchase health insurance or pay a penalty, but said the rest of the law—including its expansion of the 340B program and Medicaid—could stand. Today's divided ruling by a three-judge panel of the 11th Circuit U.S. Court of Appeals increases the probability that the … [Read more...]