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Tag: IR

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IR: 'Will they do it for other products?'

July 6, 2012Theresa Flaherty, Managing Editor

YARMOUTH, Maine - CMS's plan to use inherent reasonableness (IR) to set prices for retail diabetes supplies could be a sign of things to come, say industry stakeholders.CMS could be testing out IR as a way to reduce pricing for product categories not included in competitive bidding, they say."Retail diabetes supplies have never been subject to bidding and this is the only other avenue outside of congressional action to target those supplies," said Walt Gorski, vice president of government affairs...

Competitive Bidding, Diabetes Supplies, IR

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