Medicare Program; Competitive Acquisition of Outpatient Drugs and Biologicals Under Part B
medicare · Centers for Medicare and Medicaid Services · Rule · Published 2005-07-06 · Effective 2005-07-06 · 70 FR 39022
Document
Document number
05-12938
Federal Register citation
70 FR 39022
CFR reference
42 CFR 414
Type
Rule
Action
Interim final rule with comment period.
Category
medicare
Sub-agency
Centers for Medicare and Medicaid Services
Publication date
2005-07-06
Effective date
2005-07-06
HHS docket
CMS-1325-IFC
Abstract
This interim final rule with comment period implements provisions of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 that require the implementation of a competitive acquisition program for certain Medicare Part B drugs not paid on a cost or prospective payment system basis. Beginning January 1, 2006, physicians will generally be given a choice between obtaining these drugs from vendors selected through a competitive bidding process or directly purchasing these drugs and being paid under the average sales price system.