Medical Economics January 10, 2024
Action is latest in Biden administration’s efforts to rein in health care costs
The Biden administration has taken another step in its campaign to rein in health care and prescription drug costs with the appointment of a chief competition officer in the U.S. Department of Health and Human Services (HHS).
In a January 8 press release, the department said the newly-created position will be filled by Stacy Sanders, currently a counselor to HHS Secretary Xavier Becerra. Sanders will work with the Federal Trade Commission and U.S. Department of Justice to address concentration in health care markets through data-sharing, reciprocal training programs, and further development of additional health care competition policy initiatives.
In addition, Sanders will continue to spearhead efforts to...