MedPAC seeks to freeze reimbursements

 

The Medicare Payment Advisory Commission has approved recommendations to Congress to either freeze reimbursements or make them site neutral, which would save Medicare billions of dollars, according to Modern Healthcare

Also, MedPAC is asking Congress to restructure an initiative created by the Affordable Care Act known as the Primary Care Incentive Program.

Read more below:

 

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.