Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By



Executive Summary

HHS DELAY IN IMPLEMENTING MEDICAID Rx DRUG REIMBURSEMENT POLICY CHANGES "in all regions," pending a proposed report by Congress' General Accounting Office (GAO), is sought by House Appropriations Cmte. member Bob Livingston (R-La.). He is urging House Appropriations Subcmte. Chairman William Natcher (D-Ky.) -- - whose subcmte. deals with HCFA appropriations -- - to include language, in a Senate-House conference report, directing HHS to delay the regional reimbursement changes until the House and Senate Appropriations Cmtes. have reviewed reports from both GAO and HHS "assessing the impact of these changes on Medicaid beneficiaries and small independent pharmacists." Livingston drafted language proposing a delay for a conference report dealing with the fiscal 1985 supplemental appropriations bill. Despite report language involving the same legislation by Sen. Mark Hatfield's (R-Ore.) Appropriations Cmte., HCFA "is continuing to notify various regions of impending reimbursement changes without following the normal regulatory process of assessing the impact of these changes on Medicaid beneficiaries or small independent druggists," Livingston wrote Natcher July 8. The Louisiana Republican added that "many questions raised about the fairness of the changes in drug pricing and their impact on small independent druggists and Medicaid beneficiaries have not been answered." Livingston's proposed conference-report language would direct GAO to report on the applicability to reimbursement changes of the Regulatory Flexibility Act, official publication of HHS proposals in the Federal Register and public-comment procedures. Livingston is a strong supporter of NARD's legislative fight against HCFA's efforts to deemphasize use of average whsle. price figures as the basis for reimbursement.

You may also be interested in...

Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth




Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts