PIE Bill Hearing Slated for Wednesday

from tHEORetically Speaking: The HealthEconomics.Com Blog at http://bit.ly/2u55AZ3 on July 11, 2017 at 05:41PM

A congressional subcommittee is set to hold a hearing at 10:15 EST Wednesday on the Pharmaceutical Information Exchange (PIE) Act, which is sponsored by the Academy of Managed Care Pharmacy (AMCP).

An AMCP press release says the proposal aims to “create a statutory safe harbor for pre-FDA-approval product communications.”

“The PIE Act will help AMCP members better care for the patient populations they serve, by aiding in forecasting and budgeting, enabling the implementation of value-based contracts, and expediting coverage decisions for emerging therapies granted breakthrough designation,” AMCP Chief Executive Officer Susan Cantrell said when the bill was introduced last year.

The hearing kicks off 10:15 a.m. EST in Room 2322 of the Rayburn House Office Building in Washington, D.C.

Individuals can also livestream the hearing at http://bit.ly/2u5bHwF

Click here for more information on the PIE Act.