19.02.2013 Views

Notice: This CMS-approved document has been submitted - Philips ...

Notice: This CMS-approved document has been submitted - Philips ...

Notice: This CMS-approved document has been submitted - Philips ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>CMS</strong>-1403-FC<br />

<strong>document</strong>ation that did not include specific pricing<br />

information. We also noted that if acceptable<br />

<strong>document</strong>ation was not received within the proposed rule’s<br />

60-day comment period, we would use prices from the<br />

Internet, retail vendors, and supply catalogs to determine<br />

the appropriate cost; and, that we would use the lowest<br />

price identified by these sources. Table 25 in the<br />

proposed rule lists the top 65 high-cost supplies over $150<br />

which needed specialty input for price updates.<br />

Comment: We received many comments on our proposed<br />

process. Some commenters expressed support for our<br />

proposal but others thought the process was flawed and<br />

burdensome. Some commenters stated that the third year of<br />

the 4-year transition of the PE RVUs to the bottom up<br />

methodology is an inappropriate time to update pricing and<br />

also believed that the repricing of only the high-cost<br />

supplies over $150 is unfair. MedPAC and others<br />

recommended that we use an independent entity to update<br />

this pricing information in order to capture the “average<br />

transaction prices” that reflect the discounts and rebates<br />

offered by the manufacturers. Some commenters <strong>submitted</strong><br />

data on the high-cost supplies listed on the table. Of the<br />

65 high cost supplies listed, we received data on 53.<br />

878

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!