TITLE

Industry looks to Congress, states for Mediôaid relief

PUB. DATE
August 2007
SOURCE
Drug Store News;8/13/2007, Vol. 29 Issue 10, p56
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the pharmaceutical industry has turned for relief to Congress after failing to stop the new Medicaid payment guidelines for generic drugs by the Centers for Medicare & Medicaid Services (CMS) in the U.S. Pharmacy leaders raised concerns over the impact of the rules on the operating margins of the industry. It is noted that the new reimbursement model reduces the upper limit for what the federal government will pay for generic drugs dispensed to Medicaid patients.
ACCESSION #
26296474

 

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