In 2018, we saw CMS respond to the Trump administration’s American Patients First blueprint with measures aimed at improving Medicare beneficiary affordability and the ability of plan sponsors to negotiate steeper discounts. What will this mean for payers? Andrew Cournoyer takes a look at the increased use of value frameworks in the managed care world.
Recent legislative actions by CMS have taken aim at the current Medicare structure, with negotiating leverage at the center of the initiatives. Arguably the primary target of these actions is the drug manufacturer. Andrew Cournoyer addresses the need for allied partnerships between payers and manufacturers as a way to navigate the increasingly complex landscape.
What will the American Patients First initiative mean for payers? Will it deliver on lowering drug prices and improving affordability for patients? Andrew Cournoyer, Vice President, Payer Access Solutions, addresses these questions as he breaks down what we know and don’t know about the Trump administration’s recent announcement.
Ami Gopalan and Andrew Cournoyer from our Payer Access Solutions team present key takeaways from their recent AMCP Nexus presentation on the variable use of external sources of data. The authors also share findings from Precision’s latest proprietary Rapid Pulse™ survey, highlighting new opportunities for both payers and manufacturers to pursue in the development and evaluation of evidence to support formulary decision-making.