TITLE

CMS drops AMP Christmas surprise

PUB. DATE
January 2007
SOURCE
Drug Topics;1/8/2007, Vol. 151 Issue 1, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article examines the new rules issued by the Centers for Medicare and Medicaid Services (CMS)regarding the Medicaid reimbursement in the U.S. Issued on December 22, 2006, the new rules aims to cut more that $8 billion in Medicaid prescription generic drugs over a five year period. CMS hopes to reduce reimburse generics by as much as $800 million for 2007 wherein the new rules establish reimbursement as 250 percent of the average manufacturers price. Pharmacy leaders expresssed their reservations regarding several points of the new rules.
ACCESSION #
23730105

 

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