Placeholder Banner

CMS Announcement an Important Step Forward for Patients, Transformative Therapies

May 11, 2020
Media Contact
Author-Profile-Andrew-Segerman

Today, the Centers for Medicare and Medicaid Services announced that it is proposing to create a new Medicare-severity-diagnosis related group (MS-DRG) designed specifically for reimbursing providers administering CAR T-cell therapies to cancer patients. The new proposed regulation, which has been released as part of this year’s inpatient prospective payment system (IPPS) proposed rule, is expected to be finalized this summer. 

Following the announcement, BIO’s Executive Vice President for Health Policy, Dan Durham, issued the statement below: 

“The Trump administration has taken an important step forward for America’s seniors. Transformative therapies not only save lives, but they also provide enormous benefits to society more broadly by lowering other costly health care spending,” said BIO’s Dan Durham. “Ensuring patients have access to these medical breakthroughs without disruption or delay is paramount, and it begins with CMS’ recognition of the value of innovation and CAR T-cell therapies. We look forward to working with the administration to achieve this goal.” 


###
 

Discover More
Immunologist Michelle McMurry-Heath is Selected  for Her Global Leadership and Commitment to Innovation and Patients Former FDA Official Will…
Following the announcement that Dr. Moncef Slaoui will lead the Trump Administration's "Operation Warp Speed" initiative, BIO’s President and CEO, Jim Greenwood, issued the following statement:  “Dr. Moncef Slaoui is an excellent choice…
The Biotechnology Innovation Organization (BIO) today unveiled a first-of-its-kind, interactive tracker of the new treatments and vaccines in the COVID-19 pipeline. This online resource illustrates the unprecedented campaign being undertaken by…