Grassley reasserts S 1002
This article was originally published in The Gray Sheet
In a June 7 "Dear Colleague" letter, Senate Finance Committee Chair Chuck Grassley (R-Iowa) responds to a recent Republican Policy Committee paper advising against extension of the physician-owned specialty hospital moratorium by emphasizing his "Hospital Fair Competition Act of 2005," which would allow gainsharing arrangements in lieu of physician self-referral (1"The Gray Sheet" May 16, 2005, p. 6). While revision of the DRG payment system has been viewed as a viable solution to anticompetitive practices within the specialty hospital realm, Grassley claims such changes "alone are not enough." S 1002 would "level the playing field to allow for true competition," he says...
You may also be interested in...
Gainsharing arrangements between hospitals and physicians to foster improved efficiency would be allowed under "The Hospital Fair Competition Act of 2005" (S 1002), introduced May 11
Public Company Edition: Lixte’s small uplisting was the only biopharma initial public offering in the US during Thanksgiving week, but IPOs are ramping up again. Also, LifeSci launched its second SPAC and in follow-on offerings Reata brought in $281m and Intellia grossed $175m.
Orladeyo is the first oral prophylactic approved in the US for hereditary angioedema, with Japan and EU approvals expected to follow. Pricing of $485,000 a year undercuts segment leader.