Tuesday, December 20, 2022: D.C. News

Congressional appropriators released a $1.7 trillion fiscal 2023 omnibus spending bill early Tuesday morning. The package includes several health care provisions: 1) omit 2.5 percentage points of a scheduled 4.5 percent cut to the Medicare physician fee schedule in...

Tuesday, December 20, 2022: Life Sciences

CVS and Walgreens are limiting purchases of children’s pain-relief medicine amid rising cases of flu, COVID-19, and RSV. “Due to increased demand and various supplier challenges, over-the-counter pediatric fever reducing products are seeing constraint...

Tuesday, December 20, 2022: Payers

The U.S. Department Health and Human Services (HHS) Office of the Inspector General (OIG) released a report revealing that Medicare Part B spending on lab tests surged last year to $9.3 billion. The 17 percent increase was driven by higher volumes of COVID-19 tests...

Monday, December 19, 2022: Life Sciences

Health systems and pharmacies are running out of antibiotics, antivirals, and pediatric cold and flu medications as the worst flu season in more than a decade collides with increased RSV and COVID-19 cases. The situation started when antibiotics manufacturers like...