NOW AVAILABLE: AMCP Spring 2013 Conference Coverage
Highlights from The Academy of Managed Care Pharmacy's 25th Meeting & Expo, which took place on April 2–5, 2013, in San Diego, CA, are available in a newsletter published by The American Journal of Managed Care.
To access the publication, please click here or the image below.
HHS Secretary Sylvia M. Burwell's announcement that CMS would move to value-based payments was a nail in the coffin for those skeptics who believed the push for value contracting would pass, according to Joseph Gifford, MD, chief executive of the Providence-Swedish Health Alliance.
The overhaul would fix the Medicare reimbursement system and align payment with CMS' current efforts to reward value-based care. For the first time, the wealthiest seniors would be asked to pay higher premiums.
As patents on some of the most lucrative medicines began to expire, many companies shifted money to rare-disease drugs, knowing that those medicines cost less to develop and will face limited competition.