The Trump administration will hold off on imposing pharmaceutical tariffs Oct. 1 for companies that do not onshore manufacturing or participate in the president’s “Most Favored Nations” pricing initiative, a White House official told Becker’s. The move marks a departure…
Pharmacy
The following hospitals and health systems have recently posted job listings for pharmacy leaders. Note: This is not an exhaustive list. Listings were compiled from job-seeker websites. Ann & Robert H. Lurie Children’s Hospital of Chicago is seeking a senior…
Prices for 688 prescription medications have increased since President Donald Trump took office, according to a Sept. 29 report from Sen. Bernie Sanders’ office. Mr. Sanders is the ranking member of the Senate Health, Education, Labor and Pensions Committee. The…
CMS has finalized several changes for the third round of Medicare drug price negotiations. The changes, outlined in a final guidance issued Sept. 30, include expanded exclusions for orphan drugs and a new framework for incorporating Medicare Advantage encounter data…
If HHS’ 340B rebate model pilot proceeds as planned, more than 2,700 U.S. hospitals will collectively be saddled with approximately $400 million in operational costs and 11.2 million labor burden hours, according to the American Hospital Association. The rebate model,…
Several recent policy proposals are placing new pressures on the 340B drug pricing program, a decades-old federal initiative many hospitals and health systems depend on to offset the costs of care for uninsured and underinsured patients. In the past few…
The Miccosukee Tribe of Indians of Florida dropped its lawsuit against major insulin manufacturers and the Big Three pharmacy benefit managers Sept. 26, according to court filings. The tribe had accused a host of defendants of fraudulent conduct, focusing on…
Pfizer has become the first drugmaker to lower the price of its prescription medications in the U.S. through a new deal with the federal government, President Donald Trump announced during a Sept. 30 media briefing. The White House is also…
Three major pharmacy organizations called to improve workplace conditions in retail and hospital pharmacies in a Sept. 29 report. The American Society of Health-System Pharmacists, American Pharmacists Association and National Association of Boards of Pharmacy published a report outlining several…
A new pilot program from the federal government has hospital and pharmacy leaders bracing for what they describe as a fundamental dismantling of the 340B drug pricing program, which many health systems rely on to sustain care for their most…