Pharmacy
Strategies include increased competition and negotiation with incentives to lower list prices and out-of-pocket costs, HHS Sec. Alex Azar says.
Hospitals are doing their part in cost control by streamlining care, cutting readmissions, adopting new reimbursement models so big pharma must shift focus off marketing and onto its own cost-cutting, the groups say.
HELP Committee Chairman Lamar Alexander said he would ask Senate leaders to consider the bill this summer.
The deal marks Harvard Pilgrim's third such contract aligning medication payments to real-world performance with patients.
The survey affirmed that interoperable networks are critically important when it comes to giving healthcare providers access to actionable data within the EHR.
The move would also make sense from a population health standpoint, since many people become sick, are hospitalized, or die from vaccine-preventable illnesses.
Suppliers such as McKesson, Cardinal Health and drug store chains including CVS and Walgreens all saw boost after CNBC reported Amazon's about-face.
American Medical Association and the American Society of Addiction Medicine are preparing to pilot test a model that pays for care including medications combined with psychosocial support.
Company releases new report about costs of medications on the heels of a lawsuit coming to light in which its prescription benefit management subsidiary Caremark is accused of keeping prescription spread pricing profits.
In commercial contracts Caremark kept the spread between the price it negotiated with the pharmacies and what it charged its PBM customers, lawsuit claims.