A one-minute look at managed care news during the week of April 13, 2015, including a the official repeal of the sustainable growth rate formula and a look at the rising cost of generic drugs.
Weeks after the House passed legislation that would repeal the sustainable growth rate (SGR) formula that determines Medicare payments, the Senate overwhelmingly passed the legislation as well. Two days later President Barack Obama signed the bill into law.
The Office of the Inspector General of HHS will review the impact of generic drug price increases on the Medicaid drug rebate program. Last year, The American Journal of Managed Care (AJMC)'s co-editor-in-chief, A. Mark Fendrick, MD, wrote about the costs of non-preferred generic drug pricing tiers.
Finally, there's still time to join AJMC in San Diego, April 30-May 1, for the third annual ACO and Emerging Healthcare Delivery Coalition. Learn more and register here.