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Rural Pharmacy and Prescription Drugs News

News stories from the past 60 days.

AHA, Hospital Leaders Announce 340B Good Stewardship Principles
Sep 18, 2018 - Press release from the American Hospital Association (AHA) announcing new principles for ensuring good stewardship of the 340B program on behalf of leaders from both the AHA and individual 340B hospitals. These principles are designed to help 340B hospitals strengthen the program as well as communicating the value of the program directly.
Source: American Hospital Association
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Medicaid To Introduce Value-Based Drug Pricing
Sep 4, 2018 - Details Oklahoma's Medicaid drug pricing initiative, approved by the Centers for Medicare and Medicaid Services (CMS), as well as Massachusetts' prescription drug waiver request, which CMS rejected. Touches on Michigan and Colorado, which appear to be planning similar moves. Discusses the broader push, nationally, towards value-based pricing and its application to prescription drugs.
Source: Forbes
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CMS Provides New Flexibility to Increase Prescription Drug Choices and Strengthen Negotiation for Medicare Enrollees
Aug 29, 2018 - The Centers for Medicare and Medicaid Services (CMS) is offering Medicare Part D plans new tools and flexibility to expand choices and lower drug prices for patients. By giving Medicare Part D plans more flexibility in which prescription drugs they offer for which conditions, CMS intends to increase their power to negotiate discounts for their beneficiaries.
Source: Centers for Medicare and Medicaid Services
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The Health 202: Here's Why Rural Independent Pharmacies Are Closing Their Doors
Aug 23, 2018 - Cites a report by the RUPRI Center for Rural Health Policy Analysis, which found that more than 16% of independently owned rural pharmacies shut down between 2003 and 2018. Discusses possible reasons for such closings. (May require subscription to view entire article)
Source: The Washington Post
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Telepharmacy Eases Staffing Shortages at Rural Clinics and Hospitals
Aug 15, 2018 - Discusses ways in which telehealth and telepharmacy have allowed some rural hospitals to offer services they wouldn't otherwise be able to offer due to staffing and cost issues.
Source: HealthLeaders Media
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CMS Empowers Patients with More Choices and Takes Action to Lower Drug Prices
Aug 7, 2018 - The Centers for Medicare and Medicaid Services (CMS) announced that it will give Medicare Advantage plans the option of negotiating for Part B drugs to lower costs. Medicare Advantage plans that also offer a Part D benefit will also be able to cross-manage across Part B and Part D. A fact sheet on this change is available.
Source: Centers for Medicare and Medicaid Services
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Medicare Part D Premiums Continue to Decline in 2019
Jul 31, 2018 - The Centers for Medicare and Medicaid Services (CMS) announced that the average basic premium for a Medicare Part D prescription drug plan in 2019 is projected to decline for the second year in row.
Source: Centers for Medicare and Medicaid Services
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CMS Empowers Patients and Ensures Site-Neutral Payment in Proposed Rule
Jul 25, 2018 - The Centers for Medicare and Medicaid Services (CMS) issues proposed changes to policies in the CY 2019 Medicare Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) Payment System as well as a Request for Information on how to best develop a model to strengthen negotiations for prescription drugs.
Source: Centers for Medicare and Medicaid Services
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Last Updated: 9/19/2018