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Market Impact: 0.4

New Survey Finds Medicare Bidding Program Threatens Thousands of Jobs and Small Businesses

Source: PR Newswire

Healthcare & BiotechRegulation & LegislationCompany Fundamentals

More than 80% of surveyed companies expect significant business risk from Medicare's new Competitive Bidding program. The program is expected to sharply limit contracts in certain categories of essential daily-use medical products, creating potential revenue and market-access headwinds for affected suppliers.

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