Thank you Lisa for that kind introduction and for convening this meeting. I know that AcademyHealth has been a leader in promoting innovation and research in healthcare. So thank you all for joining us as we focus on Fueling the Engine of Innovation by Unleashing the Power of Data.
Today, the Centers for Medicare & Medicaid Services sent a letter to companies that provide Medicare prescription drug coverage in Part D explaining that so-called “gag clauses” are unacceptable, as part of the Administration-wide “American Patients First” initiative to lower prescription drug costs.
On the heels of the White House launch of the Campaign to Cut Waste - an administration wide initiative to crack down on waste, fraud and abuse, the Centers for Medicare & Medicaid Services (CMS) announced today that starting July 1, it will begin using innovative predictive modeling technology to fight Medicare fraud.