tci Part B Insider - 2005 Issue 31

MEETINGS: Don't Let Drug Bidders Drive Down Our Prices, Physicians Say

Watch out for access problems after Medicare cuts, PPAC warnsThe Centers for Medicare & Medicaid Services hadn't received a single bid from a vendor wanting to participate in the Competitive Acquisition Program (CAP) for Part B drugs when it put the CAP on hold, CMS officials admitted. The CAP has now been delayed by six months. However, at an Aug. 22 meeting, the Practicing Physicians Advisory Council detailed its recommendations for CMS on how to fix the program. First, PPAC requested that CMS allow physicians to join the CAP as individuals. Currently, physician practices must choose as a group...

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