Forefront: Medicare Price Negotiation: The Example Of Ibrutinib
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Tuesday, May 2, 2023 | The Latest Research, Commentary, And News From Health Affairs
Dear John,

We've announced several new events for May, including a Policy Spotlight with Dawn O’Connell, assistant secretary for preparedness and response, US Department of Health and Human Services. Take a look at what else is upcoming this month.
Financial Incentives And Biosimilar Uptake
Under the 340B Drug Pricing Program, eligible hospitals receive substantial discounts on drug purchases, creating opportunities for them to earn higher profits from higher-cost discounted drugs than from lower-cost undiscounted drugs.

By analyzing the administration of two high-volume biologics versus that of their biosimilar competitors, Amelia Bond and coauthors estimate that 340B program eligibility is associated with a 66 percent reduction in biosimilar use relative to the mean.

The 340B program is also associated with "more hospital-based administrations of and revenues from biologic medications overall."

"Our findings point to the 340B program as one driver of provider variation in uptake of biosimilars," the authors conclude. "Given the large proportion of hospitals participating in the 340B program, it could be a factor that has meaningfully reduced overall biosimilar use in the US."

Want to learn more about this research? Amelia Bond joined us on A Health Podyssey today to discuss the paper's findings in greater detail. Listen here.
Elsewhere At Health Affairs
Today in Forefront, Adam J. N. Raymakers and coauthors examine how Medicare price negotiation works in practice by looking at the specific case of the drug Ibrutinib (Imbruvica).

Zoey Chopra and A. Mark Fendrick consider the clinical implications of the Braidwood ruling and how it impacts coverage of preventive services.

Read more on Forefront and learn more about how you can contribute to the publication.
 
Amelia Bond on 340B's Influence On Biosimilars

Health Affairs Editor-in-Chief Alan Weil interviews Amelia Bond from Weill Cornell Medical College on her paper exploring whether participation in the 340B drug program influences biosimilar uptake.

 
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About Health Affairs

Health Affairs is the leading peer-reviewed journal at the intersection of health, health care, and policy. Published monthly by Project HOPE, the journal is available in print and online. Late-breaking content is also found through healthaffairs.org, Health Affairs Today, and Health Affairs Sunday Update.  

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