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CMS Efforts On Value-Based Payments Should Focus On Removing Barriers, PhRMA Says

 
• By Cathy Kelly

The Pharmaceutical Research and Manufacturers of America says the US Centers for Medicare and Medicaid Services should not itself initiate experiments with value-based payment approaches. Any demonstrations led by agency's CMMI should focus on "holistic" approaches to health costs.

Efforts by the Centers for Medicare and Medicaid Services to promote value-based contracting for drugs should be limited to working with other agencies to help remove regulatory barriers to such arrangements, the Pharmaceutical Research and Manufacturers of America says in Nov. 20 comments.

The comments respond to a September request for information from CMS seeking suggestions on how its reimbursement laboratory, the Center for Medicare and Medicaid Innovation, could approach demonstrations on new ways to pay for drugs in government-sponsored programs, among other areas of focus

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