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CBO Estimates Trump’s DME Bidding Plan Would Cost $1.3B, OMB Says It Would Save $6.5B

The Congressional Budget Office estimates that a proposal in the president's fiscal 2019 budget to expand and reform competitive bidding for durable medical equipment would cost $1.3 billion over 10 years, a stark contrast to HHS’ estimate the plan would save $6.5 billion over the same time period.

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The Senate Judiciary Committee on Thursday (May 24) voted to send five opioid-related bills to the Senate floor, including a measure that would require the Drug Enforcement Administration (DEA) to consider diversion, abuse and other public health impacts of opioids when setting annual production quotas for manufacturers.

A coalition of the nation's largest pharmacies are suing Allergan over what they alleged is a multiyear anticompetitive scheme to shield the company's dry eye drug Restasis from generic competition.

Spending on cancer drugs doubled in the past five years and is expected to double again in the next five years, but employers paid most of the increased costs.

A new survey published by a precision medicine stakeholder group shows that, while most Americans have never heard of personalized or precision medicine, most had positive reactions when they were told what it was.

The president’s 2019 Budget would reduce federal spending for health care by $1.3 trillion, or 8 percent, through 2028, the Congressional Budget Office (CBO) concluded in a newly issued report.

The Senate Appropriations Committee on Thursday (May 24) voted to send to the Senate floor a fiscal 2019 FDA funding bill that appears to give the agency $163 million more than its current level but still less than requested by the administration, coming after House appropriators also agreed to hike FDA spending.

A new survey published by a precision medicine stakeholder group shows that, while most Americans have never heard of personalized or precision medicine, most had positive reactions when they were told what it was.

A state judge in Maine said Thursday (May 24) she plans to rule as quickly as possible on whether the state is breaking the law by failing to enact voter-approved Medicaid expansion.

FDA Commissioner Scott Gottlieb is inviting internet stakeholders, including senior executives of major search engines, social media platforms, domain names registries and online marketplaces, to an opioid summit on June 27 to discuss ways to reduce illegal online opioid sales.