Bioelectronics Corp (BIEL)

[JustGoDeep]

~~~~~~~ #nopainact ~~~~~~~ Covers ~~~~~~~

Under current law, hospitals receive the same payment from Medicare regardless of whether a physician prescribes an opioid, or a non-opioid. As a result, hospitals rely on opioids, which are typically dispensed by a pharmacy after discharge at little or no cost to the hospital. The NOPAIN Act would change this policy by directing the Centers for Medicare and Medicaid Services (CMS) to provide separate Medicare reimbursement for non-opioid treatments used to manage pain in both the hospital outpatient department (HOPD) and the ambulatory surgery center (ASC) settings. U.S. Representatives Terri Sewell (D-AL) and David McKinley (R-WV) led companion legislation in the House. A one-pager on the bill can be found here. Bill text can be found here.