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Navigating the Inflation Reduction Act: Reassessing Evidence and Value Needs for Price Negotiations

 
  October 29, 2024  
     
 
Xtalks, Online
2024-12-05


The signing of the Inflation Reduction Act (IRA) in 2022 represented one of the most significant landscape changes to the US healthcare ecosystem over the past decade. In particular, the provision authorizing Centers for Medicare and Medicaid Services (CMS) to negotiate drug prices has had a major impact on pharmaceutical manufacturers.

On August 15, 2024, CMS released the maximum fair price (MFP) for the first 10 drugs selected for price negotiations. However, the detailed explanation of the rationale for the negotiated prices will not be released until March 1, 2025.

The expert panel has investigated the CMS policy guidance around evidence considered while determining MFPs and will offer perspectives around evidence strategies that could help manufacturers demonstrate true product value during Medicare price negotiations.

By attending this webinar, attendees will:

Gain an understanding of CMS’ initial policy guidance on evidence leveraged for supporting negotiations with manufacturers and determining MFP
Explore strategies for developing robust evidence packages to be prepared for future Medicare price negotiations

Register for this insightful webinar today to understand the impact of the IRA on pricing negotiations in the pharmaceutical industry.

Keywords: Pharmaceutical, Pharmaceutical Industry, Drug Pricing, Pharmaceutical Marketing, Pharmaceutical Pricing, Regulatory, Medicare Drug Price Negotiations, Drug Prices
 
 
Organized by: Xtalks
Invited Speakers: Dr. A. Mark Fendrick, MD, Director, University of Michigan Center for Value-Based Insurance Design
Manasee Shah, Director, Value, Evidence & Outcomes, GSK
Priya Jain, MS, MBA, Executive Director, Value and Access, Evidera, part of the PPD clinical research business of Thermo Fisher Scientific
Ariel Berger, MPH, Executive Director, Integrated Solutions, Real World Evidence, Evidera, part of the PPD clinical research business of Thermo Fisher Scientific
Sarah Ronnebaum, PhD, Research Scientist: Evidence Synthesis, Modeling & Communication, Evidera, part of the PPD clinical research business of Thermo Fisher Scientific
 
Deadline for Abstracts: 2024-12-05
 
Registration: Free Registration
E-mail: tristan@xtalks.com
 
   
 
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