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New Medicare data show steep increases in drug prices

New Medicare data show steep increases in drug prices

December 8, 2016

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The CMS on Wednesday released data on the price history of 5,000 prescription drugs over five years, shedding light on the fastest rising source of healthcare costs in recent years.

“The reason it’s important is not to use it as a cudgel, but to get away from the world of anecdotes” surrounding drug price hikes, Andy Slavitt said Wednesday during Modern Healthcare’s 2016 Leadership Summit in Chicago.

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