TITLE

A CMS dictionary

PUB. DATE
January 2007
SOURCE
Drug Topics;1/22/2007, Vol. 151 Issue 2, p37
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides the definition of average manufacturers price (AMP) and retail class of trade by the Centers for Medicare & Medicaid Services based on the new proposed rule on Medicaid reimbursement. AMP refers to the common price that wholesalers offer to manufacturers for medicines that are given to the retail pharmacy class of trade. The retail class of trade refers to any independent, chain, or mail-order drugstores, pharmacy benefit manager, or pharmacy chain stores that manage the purchase of drugs from licensed companies or individuals for the distribution of the drug for public use.
ACCESSION #
23886222

 

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