tci Part B Insider - 2007 Issue 41

PHYSICIAN NOTES: Medicare Cuts Payment for Two Oncology Drugs

You-ll collect about half of the cost price of Bexxar and Zevalin in 2008Starting in January, if you treat patients with Bexxar or Zevalin, Medicare could be shorting you about $14,000. That's because Medicare will slash payment for these drugs to approximately $16,000, despite the fact that the medications cost nearly $30,000 a piece, according to a Dec. 7 New York Times article.Medicare officials responded to the outcry over the drug price cuts by saying that $16,000 is a -fair price,- the Times article noted. In other news:- At its meeting last week...

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