Next-Generation Specialty Pharmacy Management Strategies for Health Plans


AISHealth.com - Specialized Business Information for Health Care Managers Health Reform Pharmacy Benefit Consumer-Directed Care Compliance Market Data Health Plans
 HOME
 New on the Site
Customer Service
Sample Newsletters MarketPlace
AIS Products & Services

E-Savings Club weekly specials

Free E-Mail Newsletters
Health Business Daily
Government News
Sign Up for Free E-Mail Newsletters

Health Business Job Openings

Health Business Meetings

People on the Move
 
Health Plans
General Business Issues
Product News
Company Intelligence
Disease Management
Blue Cross and Blue Shield
Medicare Advantage
Managed Medicaid
Health Plan Products
Compliance
Compliance Strategies
HIPAA Resource Center
Government Resources
Compliance Products
Pharmacy Benefit
Pharmacy Benefit Mgmt.
Specialty Pharmacy
Drug Mgmt. Products
Consumer-Directed Care
Articles on CDH
CDH Data
CDH Products
Market Data
Health Plan Enrollment
Pharmacy Benefit Mgmt.
Data Products
 
Health Reform
Presidential Candidates' Proposals
Federal Legislation
State Legislation
 
MarketPlace
Newsletters
Web Services & Looseleaf Guides
Books & Reports, Directories & Databases
Live Meetings & Audioconferences
Alphabetical Listing

Health Care Links
 

 
Visit AISEducation.com for more news and strategic information for today's business leaders
 
Audio CD and written materials of
AIS's audioconference on
June 14, 2007

Part D Drug Rebates: Strategies for Minimizing a Serious Risk of Fraud and Abuse

A very serious compliance risk for Part D plans involves negotiating rebate agreements with drug manufacturers. And it is an area that the experts say will soon become a significant enforcement priority for CMS and the HHS Office of Inspector General (OIG). Drug-rebate negotiations have always been shrouded in mystery. And with the federal government now more involved in the process, they’re also cloaked in fear. It has always been a challenge for plans to negotiate drug rebates while trying to maximize the net value of their benefits. Now, as the feds begin to focus a bright spotlight on Part D fraud and abuse, plan sponsors have the added pressure of making sure they are in compliance with complex Part D requirements.

Sponsored by Atlantic Information Services, Inc., publisher of Medicare Part D Compliance News and Report on Medicare Compliance

Speakers
Designed For

Shipping Information

Written Materials

Print an order form:
If you do not wish to place your order online, click here to download a printable order form (PDF file), then submit your order via fax or mail, as directed on the form.

 

 
Order Now (Secure Site)
Order Now CD and Printed Materials ($322)
Pub code: CMFART
View Cart View Cart

Under the 2003 Medicare reform law, Part D sponsors must negotiate maximum price concessions from pharmaceutical manufacturers on behalf of beneficiaries, and then provide beneficiaries access to the negotiated prices. Plans also must report to CMS on a quarterly basis data with respect to rebates received, even if they use pharmacy benefit managers (PBMs) for that purpose. And CMS and OIG will hold the sponsors responsible not only for passing on the rebates to beneficiaries but also for any fraud and abuse regarding rebates on the part of the sponsors’ PBMs.

Three of the industry’s leading experts show you how to:

  • Identify potential fraudulent and abusive situations in the drug-rebate negotiation process;
  • Apply the 2003 Medicare reform law to contractual arrangements, including discounts, rebates and administrative fee arrangements; and
  • Structure drug-rebate negotiations to avoid potentially fraudulent situations and stay in compliance with Part D requirements.

Among the topics covered are:

  • What is the definition of a “negotiated price,” and what is included and excluded?
  • How much of drug-company rebates must be reported to CMS?  
  • How much of direct or indirect remuneration realized by a PBM must be allocated to the plan?
  • What are the consequences if a plan sponsor fails to disclose or misrepresents rebates, discounts, price concessions, or other value-added gifts, including concessions offered by pharmaceutical manufacturers?
  • What are the consequences to a plan sponsor if a contracted PBM fails to offer beneficiaries negotiated prices of Part D drugs?
  • What are the best practices plans should follow when negotiating drug prices and rebates with drug manufacturers, including discounting drugs in the six protected classes?

Speakers

Gina M. Smith, of counsel, is in the litigation department of Ballard Spahr Andrews & Ingersoll, LLP, where she is a member of the white collar litigation group. Ms. Smith focuses her practice on developing corporate compliance and governance programs for public and private clients of all sizes and across all industry segments. She conducts sensitive, internal investigations and defends corporations and individuals facing criminal investigation and prosecution from federal, state and regulatory authorities. Prior to joining Ballard Spahr, Ms. Smith served for 18 years as an assistant district attorney in the Philadelphia District Attorney’s Office.

Sam Rajan, R.Ph. is vice president of clinical operations for MemberHealth, a pharmacy benefit manager and national Medicare Part D sponsor that offers Medicare prescription drug plans under the Community Care Rx brand in 49 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands and under the Community Pharmacists Care Rx brand in Oklahoma. Mr. Rajan is responsible for clinical program development, identifying and diagnosing clinical impediments. Mr. Rajan earned a bachelor of science degree in pharmacy from the University of Toledo. He also serves on the Leadership Board of Directors for the American Diabetes Association of North East Ohio.

Daniel Best is the director of manufacturer trade relationship for PBM and Part D plan sponsor MemberHealth and is responsible for developing, negotiating and managing strategic contract/business relationships with pharmaceutical manufacturers. Mr. Best has 13 years of experience in the pharmaceutical industry focusing on sales, management, marketing, and business development. He previously worked at Pfizer Pharmaceuticals, where he created Pfizer Pfriends, the first pharmaceutical benefit card for uninsured Americans. Prior to joining MemberHealth, Mr. Best founded AmendRx, Inc., a management company focused on creating transparency in pharmaceutical pricing. 

Moderator: Barbra Golub, JD, managing editor of AIS's Medicare Part D Compliance News.

 

Designed Especially For

Compliance officers, government relations managers, pharmacy and marketing directors and other managers with Part D responsibilities at:

  • Health plans
  • Pharmacy benefit management companies
  • Pharmaceutical companies
  • Pharmacy chains
  • Hospitals and health systems
  • Attorneys and consultants

 

Shipping Information

Audio CDs and written materials are shipped via UPS. Please give us your street address when you order (UPS does not deliver to PO boxes). You should receive your order within 5-7 business days.* Shipping cost is $5.

Rush Orders: Please call us at 800-521-4323 to place a rush order.* We will overnight your order for an additional charge of $30, or you can give us your FedEx or UPS account number and we will charge the shipping to your account. Rush orders placed after 3:00pm EST will not be shipped out until the next business day.

*Please note that shipping of CDs and materials will begin within three weeks of the conference.

 

Written Materials

Listeners will also receive practical written information to supplement information covered by the audioconference speakers.

 

For further information call 800-521-4323 or e-mail customerserv@aispub.com


Advertise With AIS

Privacy

Site Map



Copyright © 2008 by Atlantic Information Services, Inc. All rights reserved.
1100 17th Street, NW, Suite 300, Washington, DC 20036
Phone 202-775-9008 or 800-521-4323; E-mail
customerserv@aispub.com