The Centers for Medicare & Medicaid Services today updated the Parts B and D drug spending dashboards with 2016 information. The dashboards provide pricing and utilization information for drugs covered under Medicare Parts B and D, including the total amount the program spent on a covered drug, how many beneficiaries used the drug, the cost per unit and the change in price from the prior year. Today’s update adds new fields, including the Average Sales Price, the number of manufacturers producing the drug, and what the drug is used to treat. This information is now available for all covered Part B and D drugs. The 2016 data show double-digit increases in spending per unit (i.e., price) for 876 Part D drugs and 145 Part B drugs, with 31 drugs increasing by more than 100%. CMS also released updated data on the prescription drugs prescribed by individual physicians and other providers paid under Medicare Part D.

Related News Articles

Blog
Public
A Q&A with Becky Pletzer, special needs parent and social worker at Henry Ford Allegiance HealthQ: Can you tell me about yourself and your family?A: I’m Dr…
Headline
A new advertisement by the Coalition to Strengthen America’s Healthcare highlights President Trump’s comments to “love and cherish” and “not touch” the…
Headline
Kevin McEwan, DNP, R.N., chief nursing officer at Madison Memorial Hospital, shares how Medicaid provides vital behavioral health and maternal and child care…
Headline
The Centers for Medicare & Medicaid Services today announced it has identified a fraud scheme targeting Medicare providers and suppliers. CMS said scammers…
Perspective
In the next few days, Senate Republican leaders plan to unveil and vote on their updated reconciliation bill, which, as currently constructed, would have far-…
Headline
Sixteen House Republicans June 24 sent a letter to House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., urging them to support the…