"We must take a fresh look at the challenges facing innovative companies and make certain the right incentives are in place."
"The cost of developing a drug has doubled, as has the number of clinical trials necessary to file a new drug application."
"To help close this innovation gap, as part of 21st Century Cures Initiative, we must take a fresh look at the challenges facing innovative companies and make certain the right incentives are in place ..."
"the cost of developing a drug has doubled, as has the number of clinical trials necessary to file a new drug application."
"We have a huge opportunity to incentivize them."
"I urge my colleagues to take swift action and aggressive action because we do not have a moment to waste."
"I hate to cut this off, but this has been the best interaction we have had with members and witnesses."
"Today's hearing is designed to educate members on a topic that has come up repeatedly in recent years: site-neutral payments."
"I and Ranking Member Pallone felt it important for the members of this subcommittee to hear the pros and cons of potential policies in this space."
"Representatives Mike Rogers and Doris Matsui introduced H.R. 2869, a proposal that would require Medicare to pay for cancer services at the same rate regardless of the site of service."
"Representative McKinley has authored H.R. 4673, a bill that would combine the various post-acute care payments into one reimbursement payment or bundle."
"Today's hearing relates to the 21st Century Cures Initiative announced by the Energy and Commerce Committee on April 30, 2014."