Medicare Part B Experiment on Seniors’ Cancer Care is Dead

As reported in the Capitol Hill publication POLITICO last night, story CMS has released a statement shelving the Medicare Part B Payment Model.  “After considering comments, CMS will not finalize the Medicare Part B Drug Payment Model during this Administration,” an agency spokesman told POLITICO. “The proposal was intended to test whether alternative drug payment structures would improve the quality of patient care and the value of Medicare drug spending,” the spokesman added. “While there was a great deal of support from some, a number of stakeholders expressed strong concerns about the model. While CMS was working to address these concerns, the complexity of the issues and the limited time available led to the decision not to finalize the rule at this time.”

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