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Medicare

Latest Headlines

Latest Headlines

Medicare to cover Edwards' Sapien heart valve

For medical device companies, gaining Medicare reimbursement for surgical procedures involving their implants can be a sort of financial holy grail. Edwards Lifesciences ($EW) has reached that point now that the Centers for Medicare & Medicaid Services has agreed to pay for surgery involving its Sapien transcatheter heart valve.

Lawmakers pressure CMS to get going on doc-disclosure rules

Two senators are pushing regulators to issue rules for complying with the doctor-disclosure provisions of healthcare reform.

Radiologists seek to halt imaging reimbursement cuts

It looks as if budget issues are continuing to curtail the wider use of CT and MRI scans for crucial cancer and other screenings, a cumulative effect of $6 billion in federal reimbursement reductions...

GAO report finds some hospitals paying more for devices

Findings from a new Government Accountability Office report are causing some members of Congress to push for greater transparency so hospitals pay a fair price for implantable medical devices (IMDs).

Gloom for the pharma industry, yes. Doom? No

AstraZeneca's ( $AZN ) layoffs announcement yesterday touched off more than its share of hand-wringing. It may be a straw-that-broke-the-camel's-back case; this shedding of 7,300 jobs follows a spate

Medicare to pay docs for Provenge infusion costs

Dendreon ( $DNDN ) got some welcome news from U.S. health officials: Medicare and Medicaid will now pay for the cost of infusing its prostate cancer therapy Provenge . Previously, the government health

Supercommittee's failure is pharma's gain, for now

The so-called supercommittee's stupendous failure may have Washington and Wall Street wringing their hands, but pharma may actually be better off. Drug stocks are down this morning--along with

CBO: Pay-to-delay ban could save $4.8B

The Congressional Budget Office has analyzed the proposed pay-to-delay ban, and its money-saving estimate comes in at almost $5 billion. According to CBO, the Preserve Access to Affordable Generic

New Medicare code could boost Krystexxa sales

Savient Pharmaceuticals ( $SVNT ) has announced a bureaucratic breakthrough that could help increase sales of its new gout drug Krystexxa . The Centers for Medicare and Medicaid Services gave Krystexxa

Medicare affirms rule expected to erode Epogen sales

As expected, Medicare has changed its kidney-care guidelines to remove a requirement that helped fuel sales of Amgen's ( $AMGN ) anemia drug Epogen . Kidney dialysis providers were previously told to