Today, the Centers for Medicare and Medicaid Services (CMS) issued final guidance for the initial price applicability year (IPAY) 2027 and for the effectuation of the maximum fair price (MFP) in 2026 and 2027 (press release and fact sheet). What is it. In May, CMS released the draft guidance for IPAY 2027 and effectuation of the maximum fair price (MFP)… (Slifer, October 2, 2024) #Medicare Part D, #Prescription Drugs