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CMS Releases Third Quarter Payment Rates for Drugs and Biologicals
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CMS Releases Third Quarter Payment Rates for Drugs and Biologicals
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HOPPS Payment Rate Change
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Competitive Acquisition Program (CAP) Interim Final Rule Released under The Centers for Medicare and Medicaid Services
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Plasma-Derived and Recombinant Therapies
The Centers for Medicare and Medicaid Services (CMS) issued their release for the CY2005 third quarter payment rates for those drugs covered under the Medicare Part B Program. This article will update the rates associated with plasma-derived and recombinant therapies. Also, CMS has updated the payment rate for Alpha1 – proteinase inhibitor therapies under The Hospital Outpatient Prospective Payment System (HOPPS).
BACKGROUND
Since January 1, 2005, reimbursement for certain drugs and biologicals covered under the Medicare Part B Program has been based upon an Average Sales Price (ASP) plus 6%. The ASP plus 6% reimbursement applies to all plasma-derived and recombinant therapies. CMS is updating the rates for these therapies on a quarterly basis based upon the ASP data and total units sold as submitted by each manufacturer within a given calendar quarter year. CMS will continue to use a six-month lag time between the data submitted and their actual reported payment rates for a given quarter (i.e. data submitted by manufacturers in the first Quarter of 2005 will be used to establish the payment rates for the third quarter 2005). The rates listed below will be in effect as of July 1, 2005. Note: Blood clotting factors receive an additional furnishing fee of $0.14 per unit above and beyond the ASP plus 6%. This furnishing fee is included in the total payment rates listed for blood clotting factors.
Third Quarter Medicare Part B Payment Rates
HCPCS Code |
Description |
Payment Rate |
| J0256 |
Injection, alpha1 – proteinase inhibitor, human, per 10 mg |
$3.26 |
| J2790 |
Rho(D), immune globulin, full dose, human, injections, per 300mcg |
$93.54 |
| J2792 |
Rho(D), immune globulin, IV, human, solvent detergent, per 100 units |
$10.01 |
| J7190 |
Factor VIII, anti-hemophilic factor, human, per unit |
$0.65 |
| J7192 |
Factor VIII, anti-hemophilic factor, recombinant, per unit |
$1.06 |
| J7193 |
Factor IX, anti-hemophilic factor, purified, per unit |
$0.88 |
| Q2022 |
von Willebrand factor complex, human, per unit |
$0.87 |
| Q9941 |
Injection, immune globulin, intraveneous, lyophilized, per 1 gram |
$42.04 |
| Q9942 |
Injection, immune globulin, intraveneous, lyophilized, per 10 mg |
$0.42 |
| Q9943 |
Injection, immune globulin, intraveneous, non-lyophilized, per 1 gram |
$55.92 |
| Q9944 |
Injection, immune globulin, intraveneous, non-lyophilized, per 10 mg |
$0.56 |
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Reimbursement Alert June / July 2005
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HOPPS Payment Rate Change
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