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Savings of $251 Million Ignored by Fed Officials at Medicare & Medicaid

Savings of $251 Million Ignored by Fed Officials at Medicare & Medicaid

The Inspector General of the Department for Health & Human Services (HHS) announced late last month that Federal officials at the Centers for Medicare and Medicaid Services (CMS) have ignored previous recommendations regarding pricing, thus resulting in a failure to make savings of $251 million. The HHS report states that Medicare expenditure for infusion drugs “could have been reduced by $251 million in an 18 month period” had its officials implemented the HHS’s new payment methodology.

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