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Part B Drug Competitive Bidding Program Revival: Vendor Request Coming Soon

 
• By Cathy Kelly

Distributors, specialty pharmacies and PBMs are in a better position now to act as vendors then they were a decade ago, when Medicare unsuccessfully tried to implement a Medicare Part B prescription drug competitive acquisition program, HHS Secretary Azar points out.

Bid key
• Source: Mike Lawrence

The Trump Administration is planning to issue a request for vendor participation in a Medicare Part B prescription drug competitive acquisition program shortly, according to HHS Secretary Alex Azar.

In a speech delivered early this week on the president’s comprehensive plan for lowering drug pricing, Azar described efforts to implement a competitive acquisition program (CAP) as one of two...

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