The result of this embarrassing defeat for Bush is that National Competitive Bidding is delayed for 18 – 24 months. The homecare industry will however concede 9,5% in price reductions on previously awarded NCB products.
When the rollback of awarded contracts will happen has yet to be determined, as will be the numerous law suits that are / will be issued as a result of companies having been awarded, and now denied contract awards.
What a mess.
More from CNN here
Related posts:
- (Happy?) Birthday National Competitive Bidding – Medicare – Homecare
- National Competitive Bidding For Manufacturers – Surprise?
- The New York Times Slams Congress On Medicare And National Competitive Bidding Delays -Names Industry Players
- National Competitive Bidding Homecare United States
- SME Biotechnology Companies Hit By Economic Events – Not Others Though


