Tag: Federal Trade Commission
In brief: MedPAC details spending, FTC slaps Surescripts
August 2, 2023HME News Staff
WASHINGTON – The Medicare Payment Advisory Commission (MedPAC) has released its 2023 data book on health care spending and the Medicare program.
The 200-page report provides Medicare data on spending, demographics, beneficiary access to care, and quality of care, among other information.
Among MedPAC’s findings:
Medicare was the largest single purchaser of personal health care in the U.S., gobbling up 24% of total spend;
Medicare spending...
FTC reaches proposed settlement with Surescripts
July 31, 2023HME News Staff
WASHINGTON – The Federal Trade Commission has filed a proposed order to remedy what it says is anticompetitive conduct by Surescripts that led to higher prices, stifled innovation and reduced customer choice in the e-prescribing market.
The order follows a favorable federal court ruling that found Surescripts possesses monopoly power in e-prescribing services with a 95% “super share,” according to the FTC.
“The FTC will not hesitate to take action in...
In brief: Enos Home Medical makes acquisition, pharmacies meet with FTC commish
July 5, 2023HME News Staff
NEW BEDFORD, Mass. - Enos Home Medical has expanded its footprint in northern Massachusetts and reinforced its focus on the hospice market with a recent acquisition of “significant DME assets” in the area, says Jon Enos.
The acquisition better positions Enos Home Medical to “meet current dynamic market conditions and today’s ever-changing medical landscape,” the company says.
“We are excited to be able to reach even more hospice patients in the...
NCPA secures fireside chat with FTC official
September 13, 2022HME News Staff
ALEXANDRIA, Va. – The National Community Pharmacists Association has announced that Federal Trade Commissioner Chair Lina M. Khan will headline the organization’s 2022 Annual Convention Oct. 1-4 in Kansas City. Khan will speak during the Second General Session on Oct. 3 in a fireside chat with NCPA CEO B. Douglas Hoey, pharmacist, MBA. “As FTC chair, Khan has been receptive to hearing the concerns of independent pharmacists, and this is a great opportunity to get her thoughts about...