Average Manufacturer Price. (“AMP”) shall mean the average price paid to a manufacturer by wholesalers for drugs distributed to retail pharmacies. This definition shall be consistent with the definition set forth in section 1927(k)(1) of the Social Security Act.
Average Manufacturer Price means the price reported to the federal Centers for Medicare and Medicaid Services pursuant to Section 1927 of the federal Social Security Act (42 U.S.C. Sec. 1396r-8).
Average Manufacturer Price means the average price paid by a wholesaler to a pharmaceutical manufacturer, after the deduction of any customary prompt payment discounts, for a product distributed for retail sale.
Examples of Average Manufacturer Price in a sentence
Under section 1847A(d) of the Act, CMS also has the authority to substitute an Average Manufacturer Price (AMP) or Widely Available Market Price (WAMP)-based payment amount for the ASP-based payment amount when the ASP exceeds the AMP or WAMP by a threshold amount.
Average Manufacturer Price (AMP): The AMP per unit per product code only for the month/year covered, based on sales.
More Definitions of Average Manufacturer Price
Average Manufacturer Price shall have the meaning defined in the Social Security Act, 42 U.S.C. §1396r-8(k).
Average Manufacturer Price. (“AMP”)” means, The Average Manufacturer Price as defined in 42 U.S.C. 1396r-8(k)(1), Social Security Act section 1927(k)(1), and final regulations promulgated by CMS thereto, if any, as such statute or regulations may be amended from time to time and shall exclude rebates paid under CMS-authorized Supplemental Rebate Agreements.
Average Manufacturer Price. (AMP) means Manufacturer’s price for the Covered Product(s). AMP will be calculated accordance with 42 U.S.C. § 1396r-8(k)(1) and as specified in Manufacturer’s CMS Agreement.
Average Manufacturer Price means the same as that set forth in
Average Manufacturer Price or “AMP” shall mean the Average Manufacturer Price as set forth in 42 U.S.C.
Average Manufacturer Price. AMP”)” means, The Average Manufacturer Price as defined in 42 U.S.C. 1396r-8 and final regulations promulgated by CMS thereto, if any, as such statute or regulations may be amended from time to time and shall exclude rebates paid under CMS authorized Supplemental Rebate Agreements.
Average Manufacturer Price means the price reported to the federal Centers for Medicare and Medicaid