340B Changes Are Coming - Are You Prepared?

With the completed review of HRSA's latest Proposed Rule: "340B Civil Monetary Penalties for Manufacturers and Ceiling Price Regulations" by the White House Office of Management and Budget (OMB) and the long-awaited proposed "Mega" Guidance under review and slated to come out later this year, are you prepared for the compliance requirements brought on by these policy and procedure changes?

At the 20th Annual Medicaid Drug Rebate Program Summit, we've got an entire day dedicated to just 340B. Join us during the pre-conference day on Wednesday, September 30th to get key 340B compliance information, with sessions on:

• • Key Highlights and Updates on HRSA, OPA 2015 Rulemaking
• • Getting it Right: 340B Policy & Procedure Compliance Checklist
• • Panel: Navigating the 340B Drug Pricing Program Database
• • Ensuring Compliance & Conducting Monitoring and Internal Auditing
• • Panel: 340B Hot Topics
• • And More!

Download the MDRP brochure for Summit details and the complete agenda.

PLUS! Get 340B Updates directly from HRSA on Thursday, October 1st during the main conference from Michelle Herzog, Deputy Director, Office of Pharmacy Affairs, HRSA.

This full-day summit is part of the Platinum Pass, which gives you access to the full three days of the MDRP Summit - the best value! Register now and save up to $300 off standard registration. Be sure to use priority code: XP2058BLOG

See you in Chicago this September!

The Future of Medicaid Reform

The following excerpt is from a Podcast recorded by the MDRP Summit with Grace-Marie Turner, President, Galen Institute in June of 2014. Access the complete MP3 and Transcript here.

June 12, 2014: I am distressed that more states did not demand more flexibility with this program in exchange for expanding Medicaid. Half of the states have decided to expand it; half have not after the Supreme Court re-wrote the ACA and made expansion of Medicaid up to 138% of poverty an option for the states. As of last June, about 24 states were resisting expansion for a number of reasons.

Medicaid is a program desperately in need of reform. Back in 2005/2006, I served on the Medicaid Commission – we did hearings around the country to look at the Medicaid program – to learn about it – because each state runs its own, it’s really 50 different programs. In our findings, people desperately dependent upon Medicaid and yet it was not serving them. If states were given more flexibility, they could make a significant amount of Medicaid dollars go much further to cover more people.

With this said, states are going to increasingly resist expansion of Medicaid unless they get more flexibility to control the program themselves and be able to save money and be able to provide better benefits to their citizens often in giving them the option of private coverage.

So what is the future of Medicaid? More governors demanding more flexibility; and then more patients on Medicaid getting more options for private coverage.



Join us at MDRP Summit 2015 for complete coverage on all things pricing, rebates, contracting and collaboration. Register now and save $500 when you use the code: XP2058BLOG.

Earn a FREE Pass to the IIR’s MDRP Summit in Chicago, IL – Become a Guest Blogger.

Earn a complimentary all-access pass to the IIR’s Medicaid Drug Rebate Program Summit by serving as a Guest Blogger at the event. As a Guest Blogger, you’ll have access to the IIR’s MDRP event’s comprehensive agenda attracting the best insights from around the world, right in Chicago, Illinois in September.

MDRP Summit

September 30 - October 2, 2015

Chicago Marriott Downtown Magnificent Mile

Chicago, IL

We are looking for an industry expert to be the face of our IIR’s MDRP Summit social media campaign. The premise is to provide government pricing, rebates and regulations related articles, whitepapers, and overall original content with a strong focus on a whole pharmaceutical industry.

The IIR’s MDRP Summit guest blogger’s responsibilities will include but not limited to submitting one post per week to the Health care Insights blog http://bit.ly/1cnQyjK between now and the conference and attending specifically assigned sessions at the event and blogging live or same day.

This is a great opportunity for you to earn a complimentary Silver pass to attend IIR’s 20th Annual Medicaid Drug Rebate Programs Summit on Thursday, October 1-Friday, October 2.
You will get an exclusive access to a networking community of world's largest gathering of pharmaceutical manufacturers, state and federal government representatives, and service providers in the industry of your interest!

You also have a chance to GAIN exposure through our blog and more than 20 healthcare LinkedIn groups.

Learn more about the IIR’s MDRP Summit event by visiting our website:

http://bit.ly/1LRWSw6

To APPLY Please contact Roxana Siu at rsiu@iirusa.com . Feel free to share your short biography, links to your blog or writing samples, along with a few sentences about why we should choose you to become the Guest Blogger for the IIR’s 20^th MDRP Summit!

*Guest Bloggers are responsible for their own travel and lodging.

*All content is subject to IIR approval.

 We hope to have you join us in Chicago!

Cheers,
The IIR’s MDRP Summit Team
@healthcarebiz
#MDRP15
MDRP Summit official website: http://www.iirusa.com/medicaiddrugrebates/home.xml
Health care Insights Blog http://healthcareinsightsblog.iirusa.com/

Celebrate Memorial Day with 30% off the Standard Rates to MDRP 2015!

 
Register with code XP2058SAVE30 to activate your 30% discount off the standard rates to IIR’s 20th Annual Medicaid Drug Rebate Programs Summit taking place September 30-October 2nd, 2015 in Chicago, IL.

This limited-time offer expires on Tuesday, May 26th | Register here

The 20th Annual Medicaid Drug Rebate Programs Summit continues to be the authoritative gathering for everything pricing, rebates, contracting, and collaboration. You’ll get unparalleled access to government officials creating regulatory rules, the industry leaders interpreting them, and the pharmaceutical executives implementing them. Collaborate with your peers to benchmark best industry practices and navigate regulatory hurdles, minimize wasted resources and optimize finances.

Don't miss out on getting essential regulatory updates from CMS, HRSA, OIG, VA and more!

Activate your 30% savings now with code XP2058SAVE30! Offer expires 5/26

Qualifications, rules and regulations: Offer cannot be applied retroactively to confirmed or pending registrations from today's date and prior. 30% discount cannot be combined with any team discounts or other promotions and/or discount offers. Discount is only valid from May 22– May 26, 2015. All registrations are subject to IIR approval.

Rates go up this Friday, August 8th | Register for MDRP Now to Save up to $300

In the last few years, interconnectedness between government programs, commercial contracting and finance departments has become more evident, and more important. Transparency is integral to the company’s bottom line, and government pricing and contracting executives play a key role that financial executives are taking notice of.

IIR's 19th Annual Medicaid Drug Rebate Program Summit has continued to be THE event effectively bringing together experts across all of the three functions to benefit learning from each other; enabling them to work more efficiently and effectively.

This year, we have two tracks—Price Calculation and Contracting Strategy and Financial Implications to Government Pricing Programs that will provide expert insights into the overarching financial implications to what you do each day.

Track highlights include:

Price Calculation and Contracting Strategy:   
• The only track providing you a ‘state spotlight’ from Texas, Oklahoma, Utah & Illinois
• Hear firsthand from a working group including pharma manufacturers & state representatives as they shed light on best practices on resolving and avoiding disputes
• Health care reform impact on government pricing, commercial business & contracting strategies

Financial Implications to Government Pricing Programs:
• Panel discussion by pharma manufacturers from Eli Lilly, Daiichi Sankyo, AstraZeneca, and Vertex on the developments in the split between managed Medicaid and fee for service
• Operational strategies for Medicaid rebate invoices and reporting regulations
• 340 B compliance, monitoring & auditing

Download the updated brochure for full agenda and speaker details.

Don't miss out on the largest government pricing and reimbursement event in the industry! No other event provides you with access to this many government agencies who directly impact your business. Click here to save your seat now.

Don't forget! Blog readers receive an EXTRA $100 off the current rate – So register by August 8th to save up to $300! Click here to register now or call 888-670-8200. Be sure to use Priority Code: XP1958BLOG

I hope to see you and your team this September 15-17, 2014 in Chicago.

How to Address Commercial Ops, Commercial Contracting and Government Pricing

At MDRP 2013, Mark Linver, Director, Huron Life Sciences discusses addressing government and commercial pricing operations during mergers and divestitures. Below are two highlighted sessions from MDRP 2014 that will look into Commercial Ops, Commercial Contracting and Government Pricing.


Session Highlight:
Spillover Effects Between Government Pricing, Commercial Business & Contracting Strategies

• Discuss healthcare reforms impact on contracting & emerging contracting practices
• Evaluate the impact of government pricing changes on commercial accounts
• Reevaluate and restructure rebate and discount agreements

David Chan, Practice Leader, Compliance & Audit, Managed Markets Services, IMS Health


Session Highlight:
Improving Effectiveness of Revenue Analytics by Using GP Forecasting

The continual growth of the government channel has increased the importance of understanding the cross-channel impact of the commercial pricing and contracting decisions that drive liabilities. Along with increasing pressure to understand, forecast and accurately accrue for revenue line items as part of the GTN process, an expanding government channel means contracting and pricing functions have a greater need for pricing and forecasting outputs from the GP department. The “modern” GP team is tasked with providing “what if” analyses and forecasts for a wide variety of company specific and industry wide events, and is looked upon as a critical resource when pricing and contracting decisions are being made. Today’s GP team must be adept at developing quick yet sophisticated models to assess how any given event may affect Revenue lines that are driven by a Government payer.

This session will take a look at how to effectively incorporate commercial strategies and market events into the forecast of GP price points. We will explore how to:

• Manage and align data for analytical needs
• Consider price increases and commercial contracting strategies
• Incorporate channel shifts into forecasts
• Evaluate regulatory and market events in scenario modeling
• Identify what you know and what you don’t know, and how both should be considered and modeled

Jeffrey Baab, Senior Director, Life Sciences, daVIZta

Download the agenda to see a complete list of speakers and sessions.

Register by Friday 8/8 to save $300! Make sure you use the code XP1958BLOG | Register Now!