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UnitedHealth’s Andrew Witty gets no pity in Congress

STAT

Witty gets no pity UnitedHealth CEO Andrew Witty was the target of both a Senate and House hearing yesterday, and he faced the full wrath and exasperation of lawmakers angry about the Change Healthcare cyberattack that disrupted payment processing across the country, my colleague Brittany Trang reports. Read the rest…

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Supply chain middlemen ‘pocket half of US branded medicine spending’

pharmaphorum

BRG – which says it aims to bring “clarity” to drug distribution and payment processes – said insurers, PBMs and government programmes received more than $141 billion in spending on brand medicines in 2020, up from $50 billion in 2013.

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Delayed payments to pharma MSMEs: A major challenge

Express Pharma

This proposal seeks to address the persistent issue of delayed payments faced by pharma MSMEs and offer them the necessary liquidity support they require. Encouraging the adoption of digital payment systems and e-invoicing can streamline payment processes and reduce paperwork.

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STAT+: Lawmakers grill UnitedHealth CEO on Change cyberattack: ‘Your company let the country down’

STAT

Senators repeatedly interrupted Witty, trying to keep him to concrete answers and promises. Lawmakers on both sides of the aisle were exasperated with UnitedHealth.

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STAT+: Washington wants to avert another Change Healthcare-like fiasco. Here’s what could be coming

STAT

Washington is cracking down on the technology running behind the scenes in health care following a debilitating cyberattack on a health care payments processing company — and it could have major implications for hospitals and the vendors selling crucial IT.

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NHC Comments on Request for Information: Medicare Transaction Facilitator (MTF) for the Medicare Drug Price Negotiation Program

Putting Patients First Blog

When pharmacies are compelled to hold onto funds for extended periods as part of the retrospective payment process, it can strain their financial resources, potentially leading to difficulties in maintaining sufficient medication supplies, thereby disrupting patient access.

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NHC Comments on Medicare Advantage and Prescription Drug Programs: Part C and Part D Medicare Prescription Payment Plan Model Documents (CMS-10882) – IRA

Putting Patients First Blog

However, to further improve the effectiveness of the Notice of Failure to Pay, the NHC recommends incorporating detailed examples that illustrate the payment process and consequences of non-payment.