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For acute care hospitals, the Medicare Advisory Payment Commission recommends a higher-than-current-law FFS payment update.
Zulla will oversee the healthcare delivery services that Optum Health provides across the northeastern quadrant of the U.S.
The first set of negotiations will occur during 2023 and 2024 and result in prices effective in 2026.
According to a recent report from HHS, 1,200 prescription drug prices increased faster than inflation in 2021.
U.S. prices of several pre-filled insulin pens and vials will be up to 75% lower starting in January 2024.
Drug companies will pay rebates or face fines for raising prices faster than inflation.
The discussion about Medicare cuts is heating up, and insurers are confident their estimates are more accurate than those from CMS.
MGMA and WEDI want the CMS provisions implemented before the current proposed date of January 1, 2026.
The group says it would support a "smooth transition" back to normal Medicaid eligibility during the redetermination process.
The lawmakers say that while some insurance companies are complying with CMS' rule, others may be relying on gaps to evade accountability.