• Report: Differences in Regional Medicare Part D Expenditures Mostly Due to Cost Per Prescription

    • 28 February 2012
    Differences in the regional cost of Medicare Part D plans have long confounded health economists, even if their basic causes are generally known. A new study by the RAND Corporation published in the New England Journal of Medicine claims to have isolated those basic causes and determined their respective effects on price differences . RAND analyzed the Medicare claims data of 4.7 million beneficiaries using three popular drug categories-statins, antidepressants and st...
  • Implementation of Medical Device Recall Authority Sought by FDA

    The US Food and Drug Administration (FDA) announced on 10 February that it is seeking to implement its medical device recall authority under § 518(e) of the Federal Food, Drug and Cosmetic Act (FD&C Act) and Chapter 21, Section 810 of the Code of Federal Regulations (CFR). Section 518(e) allows FDA to order manufacturers to cease distribution of a device and notify health professionals if FDA finds a "reasonable probability that the device intended for human...