CIS ran a free Webinar last week on Healthcare Reform, focusing on its impact on Government Programs.
We had an overwhelming response and, unfortunately, had to turn some people away once the Webinar service met its maximum capacity.
If you were unable to join, or just want to revisit the discussion at your leisure, click on the link below:
HOW WILL NEW HEALTHCARE REFORM LEGISLATION AFFECT YOUR GOVERNMENT PROGRAM PARTICIPATION?
The discussion included a strategic overview by me, and a discussion about what senior management at pharmaceutical companies should know about Healthcare Reform. It also included an operational overview by Bill Baxter and Amy VanDeCar about operational aspects on Medicaid Claims — with the new base rebate percentage effective retroactively to January of 2010 — and new AMP definitions (effective October of 2010).
We are also posting an updated legislative summary on the blog early next week that will summarize the PPACA and Reconciliation Bills, categorized by program impact and timing. Clearly, with Healthcare Reform, the government as a customer is growing and expanding. From increased rebate percentages, to methodology changes, to expansion of the PHS program and the upcoming “tax” on Pharmaceutical Manufacturers, the financial impact has the potential to be significant.
It is important to understand the compliance aspects, the operational requirements, as well as the potential financial impact on your organization.
Please feel free to view the Webinar at your convenience, and let us know if you want to participate in our on-going free GP Webinar series that starts this week with an online session about GP audit readiness. For more details, go to Pharma Compliance Insight.
It is recommended that pharmaceutical manufacturers maintain an authoritative guidance library to support their US Government Pricing calculations. gp.cis-pcx.com contains information on Federal Programs, including: Medicaid Drug Rebate Program, Medicare Parts B and D, Veterans Affairs Health Program, 340B Program and TRICARE Program. The GP PCX also contains information on Federal Agencies, including: CMS, OIG, VA, OPA, DoD and various State programs.