Friday, January 22, 2010

GAO Releases Report on Medicaid Pharmacy AMP Reimbursement Formula


  • Pharmacy reimbursement based on AWP has suffered constant criticism, not the least due to the fact that AWP is fiction. Now average manufacturer price (AMP) has been introduced to replace AWP.

    It has been criticized by pharmacy groups because it doesn't pay enough, and by others for its definition. The fear is that AMP will become as fictitious as AWP; however, AMP may be manipulated by various stakeholders, but it will hopefully have a standard definition that arguably AWP does not.
  • Since this is a critical issue for pharmacy the American Pharmaceutical Association (APhA) provided updated information about AMP and how it is being defined by the various health care bills. I present this as a stimulus for discussion.

  • Please click on link to get more information
    http://r.listpilot.net/c/aphanet/4tswaz9/244d2


Craig S. Stern, PharmD, MBA