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CMS Unveils Enhanced 'Drug Dashboards' to Increase Transparency on Drug Prices
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]
May 16, 2018
"The dashboards are interactive online tools that allow patients, clinicians, researchers, and the public to understand trends in drug spending.... In 2012, Medicare spent 17 percent of its total budget, or $109 billion, on prescription drugs. Four years later in 2016, spending had increased to 23 percent, or $174 billion. In 2016, the drugs listed [in this news release] accounted for $39 billion in total spending by Medicare and Medicaid."
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