The competitive acquisition program for drugs and biologicals.
Unlike the Medicare Part D program, which has a significant number of participating plans, the new Competitive Acquisition Program (CAP), which was to have started on Jan. 1, 2006, along with Medicare Part D, did not because, in part, of a lack of interest. As a result, the program was delayed until July 1, 2006. This new program separates the physician from the purchase and billing of medications provided in the physician's office. Under CAP, physicians sign with a specialty pharmacy provider that will deliver the medications to the physicians as ordered and then bill Medicare directly. This will alleviate some physician administrative responsibilities. Although it is unlikely that high-volume Medicare Part B medication providers, such as oncologists, will use a CAP provider, it is likely that busy primary care physicians and other specialists not usually involved in providing medications in their offices now may start to take advantage of this valuable service.
Lace
Daniel A
DA
Leaders in Medicine Inc., Wayne, Il, USA.
D006278:Medicare; D004364:Pharmaceutical Preparations / Q000191:economics; D010593:Pharmaceutical Services / Q000458:organization & administration*; D011216:Practice Management, Medical / Q000191:economics*; D014481:United States
D004364:Pharmaceutical Preparations