tci Part B Insider - 2005 Issue 13

Drug Payments: Medicare Slashes Drugs By Up To 60 Percent

But a few drugs actually enjoy a payment increaseIf you figured the Medicare payments for Part B drugs couldn't get any worse, you could have a major shock coming.The Centers for Medicare and Medicaid Services issued the updated drug reimbursements that take effect April 1, 2005, and some drugs face sharp declines. For example, the payment for carboplatin (J9045) drops 39.6 percent, from $125.47 currently to $75.75 in the second quarter, according to an analysis released by the American Society of Clinical Oncology.Other drugs face steep payment declines as well. Lyophilized cyclophosphamide (J9093-J9097) drops...

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