{"id":28890,"date":"2023-04-24T15:37:53","date_gmt":"2023-04-24T19:37:53","guid":{"rendered":"https:\/\/avalere.com\/?p=28890"},"modified":"2024-06-04T16:01:07","modified_gmt":"2024-06-04T20:01:07","slug":"demystifying-ira-drug-price-negotiation","status":"publish","type":"post","link":"https:\/\/advisory.avalerehealth.com\/webinars\/demystifying-ira-drug-price-negotiation","title":{"rendered":"Demystifying IRA Drug Price Negotiation"},"content":{"rendered":"<p>As the Biden administration releases additional details about IRA policies, including the recent Center for Medicare and Medicaid Services (CMS) guidance on Medicare negotiation and maximum fair price (MFP), understanding these policies is critical as stakeholders prepare their business strategies and identify opportunities to shape policy development.<\/p>\n<p>In this webinar, our experts provided insights and analysis on the current negotiation policies and their present and future impacts on healthcare manufacturers, providers, payers, and patients. We will cover topics including:<\/p>\n<ul>\n<li>Key provisions of the Medicare drug price negotiation guidance released on March 15, including identification of selected drugs and the negotiation process for price applicability year (PY) 2026<\/li>\n<li>Negotiation process and implementation considerations for manufacturers in the near- and long-term<\/li>\n<li>Operationalizing maximum fair price (MFP) in Medicare Part D and its potential impact on net price and patient access<\/li>\n<li>How drug price negotiation provisions will redefine product development, price setting, and indication sequencing moving forward<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Our panel of experts provided recommendations on how healthcare stakeholders can prepare for drug price negotiation and adapt their strategy to position themselves for success.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Biden administration releases additional details about IRA policies, including the recent Center for Medicare and Medicaid Services (CMS) guidance on Medicare negotiation and maximum fair price (MFP), understanding these policies is critical as stakeholders prepare their business strategies and identify opportunities to shape policy development. In this webinar, our experts provided insights and&hellip;<\/p>\n","protected":false},"author":17,"featured_media":29150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[1001],"content-categories":[129],"class_list":["post-28890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-webinars","tag-ira","content-categories-drug-pricing","entry","has-media"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Demystifying IRA Drug Price Negotiation | Avalere Health Advisory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/advisory.avalerehealth.com\/webinars\/demystifying-ira-drug-price-negotiation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Demystifying IRA Drug Price Negotiation | Avalere Health Advisory\" \/>\n<meta property=\"og:description\" content=\"As the Biden administration releases additional details about IRA policies, including the recent Center for Medicare and Medicaid Services (CMS) guidance on Medicare negotiation and maximum fair price (MFP), understanding these policies is critical as stakeholders prepare their business strategies and identify opportunities to shape policy development. 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