The No Surprises Act, signed by President Trump in 2020, protects consumers from surprise medical bills and established a payment negotiation process between medical providers and health plans. It was found that only 1 in 8 out-of-network billing disputes went to the federal dispute resolution (IDR) process. The government proposed changes to increase early communication and efficiency in IDR.
Vertex Pharma’s Growth Strategy Leads to Its Biggest-Ever M&A Deal
Vertex Pharmaceuticals’ acquisition of Crinetics Pharmaceuticals values the company at about $10 billion. Crinetics’s Palsonify could become a new standard of care therapy for acromegaly
