Saturday, February 16, 2013

68% Wouldn't Accept CMS Round 2 Contracts

If offered bidding contracts, 68% of providers say they wouldn't accept | HME News:

"In a recent HME NewsPoll, 68% of providers said they do not plan to accept a CMS contract for Round 2 of competitive bidding. . . .

“A 45% decrease is impossible,” said Jack Lentz, clinical director at Southampton, Pa.-based Respiratory Therapy Services. “In fact, it’s criminal and should be investigated.”

Of the respondents who said they would not accept a contract, 39% said they plan to shift their focus to non-Medicare payers.

“Let the people who made the suicide bids try to live with those rates and the increased audit exposure,” said Terry Racciato, president of San Diego-based SpecialCare."

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Thursday, February 14, 2013

Cardinal Health To Buy AssuraMed

Cardinal Health to buy medical supplier AssuraMed for $2.07 billion | Reuters:

"The deal will give Cardinal access to the growing number of Americans who are treated in home settings.

"This is a platform opportunity for Cardinal Health products and services which will be increasingly important as the delivery of care migrates to more cost-effective settings," George Barrett, chairman and chief executive, said in a prepared statement.

AssuraMed, with sales of about $1 billion in 2012, serves more than 1 million patients nationally with more than 30,000 products."

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Monday, February 11, 2013

CA - 2013 Lawbook For Pharmacy - New - Free - Online

Updated Jan 5, 2016:

You might also be interested in:
California Pharmacy Law Changes for 2016 (PDF) - given the filename, expect the contents of this document to change annually.

- - -

Updated Oct 14, 2015:

The new California 2015 Lawbook For Pharmacy (pdf) has been posted by the CA Board of Pharmacy.

Buy Now!


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New CA Board of Pharmacy Compounding Laws - Effective April 1, 2013

From the California Board of Pharmacy:
The board's rulemaking to amend Sections 1735.1, 1735.2, 1735.3 and 1751.2 related to compounding has been approved by the Office of Administrative Law. The regulation goes into effect on April 1, 2013. 
To view the regulation go to:
CA Board of Pharmacy - Regulations Approved in 2013 - Compounding Drug Products - for all related proceedings and documents

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Medicare Bidding - Could Hurt HME Providers

WASHINGTON, Feb. 5, 2013: Medicare Bidding Process Slams Home Medical Equipment Providers With Arbitrary Reimbursement Rates | PRNewswire | Rock Hill Herald Online:

""This is a sham," said Joel Marx, chairman of the board at AAHomecare and chairman of Medical Service Company in Cleveland.  He said the malfunctioning system also encourages "suicide low bids" by companies desperate to win contracts.  In fact, 244 economists, more than two dozen consumer and disability groups, 186 members of Congress, and the National Federation of Independent Business have opposed the current bidding system.

"By limiting which companies can provide the products and services, CMS can arbitrarily select prices as low as it wants and call it savings," said Marx. "This is not competitive bidding and there is no guarantee that the winning bidders can actually supply the products and services at the prices selected by CMS.""

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Friday, February 1, 2013

Homecare Association - CMS Pricing Program Spiraling Out of Control

Homecare Association Says CMS Pricing For DME Equipment Will Endanger Seniors, Cost Jobs,... -- WASHINGTON, Jan. 30, 2013 /PRNewswire-USNewswire/ --:

"While CMS, which administers the Medicare program, alleges it will save an average of 45 percent on certain medical equipment by extending its controversial bidding program to 91 new areas, those so-called savings are created by a sharp decline in utilization of home medical equipment by Medicare patients. Experts say the unrealistic low prices for durable medical equipment (DME), like the ones announced today, are forcing providers in the affected communities to go out of business or no longer offer products or services to Medicare beneficiaries.

"It's ironic that a program that is supposed to increase competition among providers is actually reducing competition, costing jobs in communities, and putting Medicare patients at risk," said Tyler Wilson , president of the American Association for Homecare (AAHomecare). "This program is spiraling out of control. Providers, consumer advocates, and economists are urgently calling on Congress to adopt a better system.""

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