tci Medicare Compliance & Reimbursement - 2005 Issue 33

PHYSICIANS: Brakes Applied To Drug Bidding Program

Drugs may be available through vendors by July 2006.The Centers for Medicare and Medicaid Services has delayed the Competitive Acquisition Program for Part B drugs after a flurry of criticisms from both physicians and potential vendors. CMS said it was suspending the bidding process just two days before the final deadline for bids, and would return any bids it had already received. CMS said it would issue a new final rule on the CAP program by the end of the year, and would continue to accept comments until Sept. 6. Vendors will be delivering drugs by July 2006...

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