Pelosi Unveils Drug Pricing Bill, W&M Releases Price Report

House Democrats introduced a bill to stem high and rising drug prices, as well as redesign the Part D benefit. This follows a range of proposals from the Trump Administration and a bipartisan proposal by the Senate Finance Committee. The House bill draws on both and adds a government negotiation for high-priced drugs. Click to read more.

Healthcare Investment Index 2019

In the second year of BRG Healthcare Transactions and Strategy’s annual Investment Index, we have continued to update the index by retrospectively tallying the number and type of deals we are aware of over the past eighteen months and prospectively surveying 133 investors from 85 organizations in August 2019 about areas of interest over the next year. These two sets of information provide a sense of trends in private equity healthcare investment. Click here to read the full report.

Number of Uninsured Americans Rises

The number of Americans lacking health insurance ticked up slightly last year, marking the first annual increase in the uninsured rate in nearly a decade, the US Census Bureau reported last Tuesday. The uninsured rate rose from 7.9% in 2017 to 8.5% last year, amounting to nearly 2 million more uninsured people. Click to read more.

Uniform VBP for Post-Acute Providers Back on MedPAC Agenda

Based on a Congressional mandate, MedPAC continues to explore a uniform value incentive program across post-acute sectors, where quality incentives tied to reimbursement have lagged other provider types. MedPAC’s model could form the basis for future changes, but not likely in the near term. Click to read more.

OIG Reports Part D Incorrectly Paying for Hospice Drugs

A recent OIG report found that Part D plans continue to incorrectly pay for drugs that should have been paid for by hospices under the Medicare Part A hospice benefit. Based on a sample of 2016 records, the OIG estimated that Part D plans made $160.8 million in incorrect payments, with the potential for even more. Click to read more.

States May Modify Nursing Facility Payment Due to PDPM; CMS to Allow Workaround Indefinitely

Effective October 1, 2019, the Patient Driven Payment Model (PDPM) will replace the RUG-III and RUG-IV case-mix methodologies under the Medicare SNF Prospective Payment System (PPS). These changes are likely to have implications for state Medicaid programs that use the current Medicare case mix adjustment tool for setting Medicaid nursing facility rates. Click to read more.