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PRINTED: 02/16/2018 FORM APPROVEDDEPARTMENT OF HEALTH AND HUMAN SERVICES CENTERS FOR MEDICARE & MEDICAID SERVICES STATEMENT OF DEFICIENCIES AND PLAN OF CORRECTION(X1) PROVIDER/SUPPLIER/CIA IDENTIFICATION
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High-price drugs are medications that are experiencing an increase in their cost.
Pharmaceutical companies and drug manufacturers are required to report high-price drugs that are increasing.
The reporting for high-price drugs increasing can usually be done online or through a designated reporting system.
The purpose of reporting high-price drugs increasing is to provide transparency in the pricing of medications and ensure fair competition in the pharmaceutical industry.
The information that must be reported typically includes the name of the drug, its current price, the percentage increase, and any reasons for the price hike.
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