tci Medicare Compliance & Reimbursement - 2005 Issue 35

Physicians: Docs Don't Want Drug Bidders Dragging Prices Down

PPAC examines impact of Part B CAP.The Centers for Medicare and Medicaid Services hadn't received a single bid from a vendor wanting to participate in the Competitive Acquisition Program for Part B drugs when it put the CAP on hold, CMS officials admitted. The CAP has now been delayed by six months. However, at an Aug. 22 meeting the Practicing Physicians Advisory Council detailed its recommendations for CMS on how to fix the program. First, PPAC requested that CMS allow physicians to join the CAP as individuals. Currently, physician practices must choose as a group whether to join...

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