The AHA commented today on the Centers for Medicare & Medicaid Services’ proposed rule on the Global Benchmark for Efficient Drug Pricing Model, or GLOBE, a new mandatory Medicare payment model issued in December. The model seeks to make most-favored-nation prices available for select drugs in the Medicare Part B program and lower out-of-pocket costs for certain beneficiaries selected for participation. While the AHA expressed support for the administration’s broad goal of lowering drug prices, it outlined specific concerns on the GLOBE Model, saying that it lacks critical operational details that could create additional burden for hospitals and health systems. Among recommendations, the AHA urged CMS to monitor the prices hospitals pay to acquire Medicare Part B drugs, address operational and administrative burden concerns, and establish specific protections to mitigate against any increases in white bagging — a practice where third parties require certain prescribed drugs to be dispensed from a specific specialty pharmacy and shipped directly to a practice, hospital or clinic for patient administration. 

Headline
Eli Lilly said June 1 it will deny 340B Drug Pricing Program discounts to providers that do not meet its documentation requirements by next week.In a statement…
Headline
The White House May 18 announced an expansion of TrumpRx.gov, which now features more than 600 generic drugs. The direct-to-consumer platform serves as a hub…
Headline
The Department of Health and Human Services yesterday announced an action plan on psychiatric prescribing, including efforts to initiate …
Headline
The AHA again is asking the Health Resources and Services Administration to take action after Eli Lilly warned hospitals that they could lose access to…
Headline
The administration Apri 23 reached a most-favored-nation drug pricing agreement with Regeneron, the maker of the popular cholesterol medicine Praluent. This is…
Headline
The Centers for Medicare & Medicaid Services announced in a memo April 21that it is delaying implementation of the Medicare Part D portion of the Better…