Resurrecting a reimbursement rule on 340B drugs that the U.S. Supreme Court struck down in 2021, CMS is once again proposing to update Medicare payment rates for drugs purchased under the 340B prescription drug discount program to better reflect what hospitals actually pay for the outpatient drugs.
The Centers for Medicare & Medicaid Services (CMS) proposed a rule June 12 that would codify the Inflation Reduction Act of 2022’s Medicare Drug Price Negotiation Program, establish new negotiation and drug benefit policies, and modify the fixed combination drug policy – the latter of which would negatively impact biopharmas attempting to extend lifecycles of blockbuster products.
Eli Lilly and Co. lost its bid to have the U.S. Supreme Court strike down the whistleblower provisions in the False Claims Act (FCA) as unconstitutional.