- Federal appeals court sides with HHS in spat over Medicare Advantage overpayment rule (fiercehealthcare.com)
UnitedHealthcare has lost an appeal in a case over Medicare Advantage overpayments...The health insurance giant initially won in lower federal court, but the Department of Health and Human Services filed an appeal in spring 2020. The ruling is the latest in the legal back-and-forth over a 2014 proposed rule that could change how much money MA plans have to pay the feds for diagnostic errors...READ MORE
- Despite pharma’s pandemic push, consumer trust in the industry still comes down to costs: study (fiercepharma.com)
A new study from Accenture shows a boomerang back to a familiar topic—drug costs...“We asked what would increase trust in the pharmaceutical industry, and for many people there’s a clear link between cost and trust,”...The top two answers specifically pointed to reduced medication costs (41%) and more transparency in pricing (39%) as measures that would make the respondents trust pharma companies more...An earlier Accenture report from May suggested the new economic reality for pharma meant companies would have to work at changing the cost narrative with customers. It suggests focusing on value and outcome-based pricing to build trust...READ MORE
- ‘Erratic’ FDA and inconsistent drug decisions put doctors off new meds: survey (fiercepharma.com)
Stunning reversals, surprise delays and controversial approvals are the order of the day at the FDA lately—and doctors have had enough...Physicians’ trust in the agency is plummeting, according to a recent survey by Spherix Global Insights. More than 40% of the doctors surveyed said their confidence in the FDA has dropped over the past year...Doctors cited a range of problems—including suspected political motivations and lack of transparency...READ MORE
- J&J notches a win in $50M talc lawsuit, but tens of thousands still pending (fiercepharma.com)
Johnson & Johnson notched a win...with a $50 million talc lawsuit rejected in Illinois—however, tens of thousands of cases are still pending...J&J recently reported 34,600 talc-related lawsuits have now been filed...The Illinois case, filed in 2018 by relatives on behalf of Elizabeth Driscoll who died from ovarian cancer in 2016, sought up to $50 million in damages. The...jury trial found in favor of J&J, ruling the pharma giant was not liable...READ MORE
- HHS watchdog to review FDA accelerated approval process after Aduhelm controversy (biopharmadive.com)
The U.S. health department's inspector general will review how the Food and Drug Administration grants accelerated approvals of new drugs, announcing a broad investigation,,,after two months of scientific controversy over the agency's June decision to clear Biogen's Alzheimer's drug Aduhelm...The FDA's own leader had called for a federal review last month in response to reports detailing unusual aspects of the close collaboration between the agency and Biogen in assessing clinical trial evidence for the medicine...READ MORE
- Part 1: Medicare Part B Provider Status for Pharmacists – Episode 1 (drugtopics.com)Part 2: Medicare Part B Provider Status for Pharmacists (drugtopics.com)
In an interview with Drug Topics®, Ken Perez, MBA, vice president of Healthcare Policy and Government Affairs at Omnicell, explained the crucial points of Medicare Part B provider status for pharmacists, which would allow pharmacists in underserved communities to be reimbursed for certain primary care services that they already provide in commercially ensured populations...READ MORE
- Study: Drug utilization costs health industry $93B a year, with patients bearing most of the cost (fiercehealthcare.com)Quantifying The Economic Burden Of Drug Utilization Management On Payers, Manufacturers, Physicians, And Patients (healthaffairs.org)
Drug utilization management such as prior authorization and stricter formularies cost the healthcare industry $93 billion annually, with patients bearing the largest share of the cost, a new study found...The study...found that intense use of drug utilization measures has led to patients spending $35.8 billion a year in cost-sharing...“All stakeholders in the U.S. pharmaceutical system would benefit from a de-escalation of utilization management, combining lower drug prices with lower barriers of patient access,”...READ MORE
- 340B hospitals among those that provide lowest levels of community benefit across the country (catalyst.phrma.org)STATEMENT ON MERCK CUTTING OFF 340B DISCOUNTS THROUGH COMMUNITY-BASED PHARMACIES (340bhealth.org)
The archaic rules of the 340B program do not ensure that it serves the vulnerable patients it was intended to help...The 340B program reached $38 billion in sales at the discounted price in 2020. This is a 27% increase over sales in 2019, and the program is now more than four times the size it was in 2014. Unfortunately, despite pharmaceutical manufacturers paying more and more money in 340B discounts, there is no evidence that this growth in 340B translates into lower costs for patients taking prescription medicines...Part of the problem is that the hospitals that participate in the 340B program have no requirements to use revenue from 340B to help needy patients afford their medicines. In fact, both the Government Accountability Office and Office of Inspector General have found that 340B hospitals often charge uninsured patients the full price for medicines for which the hospital received a 340B discount...READ MORE
- Prescription Drug Monitoring Programs: Effects on Opioid Prescribing and Drug Overdose Mortality (reason.org)PRESCRIPTION DRUG MONITORING PROGRAMS: PDMP EFFECTS ON OPIOID PRESCRIBING AND DRUG OVERDOSE MORTALITY (reason.org)
The Centers for Disease Control and Prevention reported 70,630 drug overdose deaths for 2019 in the United States, 70.5 percent of which were opioid-related...Prescription Drug Monitoring Programs are the most popular interventions states enact to address opioid addiction and overdoses...This study finds that, although Prescription Drug Monitoring Programs’ intermediary purpose to reduce prescribing has been achieved by reducing opioid distribution by 7.7 percent, they have had inconsistent effects on prescription opioid overdoses, while increasing total opioid overdoses by 17.5 percent due to increased mortality from the black market varieties by 19.8 percent...READ MORE
- FTC drops antitrust case against AbbVie, but still decries the company’s ‘ill-gotten gains’ (fiercepharma.com)
Appealing a $448 million judgement in an antitrust case has ultimately paid off for AbbVie...the U.S. Federal Trade Commission withdrew its complaint that AbbVie used sham litigation in 2011 to illegally block generic competition for its testosterone drug AndroGel. While the agency still thinks AbbVie engaged in "anticompetitive conduct," an official said current laws don't support the agency's efforts to recoup money for consumers...READ MORE