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New CMS pay model targets soaring drug prices

New CMS pay model targets soaring drug prices

By Harris Meyer and Virgil Dickson  |  October 25, 2018

The Trump administration's first mandatory CMS pay model is projected to save taxpayers and patients $17.2 billion over five years by shifting Medicare Part B drugs to price levels more closely aligned with what other countries pay.

US approves first new type of flu drug in 2 decades

US approves first new type of flu drug in 2 decades

By Associated Press  |  October 24, 2018

The FDA's approval of Xofluza for people age 12 and older comes ahead of the brunt of this winter's flu season. Xofluza is a pill that can reduce severity and shorten duration of flu symptoms after one just dose.

5 NY doctors charged with illegally prescribing oxycodone

5 NY doctors charged with illegally prescribing oxycodone

By Associated Press  |  October 12, 2018

Five doctors, a pharmacist and three medical assistants were among 10 defendants charged with taking in more than $5 million by illegally prescribing millions of oxycodone pills to patients, including apparent drug addicts, who had no legitimate medical need for them.

Walgreens partners with a new blood-testing firm

Walgreens partners with a new blood-testing firm

By Brigid Sweeney  |  October 11, 2018

Sixteen months after Walgreens Boots Alliance concluded a disastrous relationship with Theranos, the now-defunct Silicon Valley blood-testing company, the pharmacy giant has linked up with LabCorp, one of the world's largest clinical laboratory operators.

Drug prices going up despite Trump promise

Drug prices going up despite Trump promise

By Associated Press  |  September 25, 2018

An analysis of brand-name prescription drug prices shows it's been business as usual for drugmakers, with far more price hikes than cuts. The number of increases slowed somewhat and were not quite as steep as in past years.

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