CMS Ushers In Draft Guidance For Second Drug Price Negotiation Cycle

By Gabrielle Wanneh / May 3, 2024 at 5:48 PM
New guidance released Friday (May 3) on how CMS plans to carry out the next round of its historic drug price negotiation program in Medicare includes a handful of new requirements for how drug makers and various Part D drug dispensing entities must interact to ensure the new maximum fair price (MFP) of a selected drug is made available in 2026 and 2027. The draft guidance marks the start of a new timeline for CMS’ second go at selecting some...


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