AWP definition

AWP means average wholesale price.

AWP. MEANS AVERAGE WHOLESALE PRICE.

AWP or "Average wholesale price" means the amount determined from the latest publication of the Blue Book, a universally subscribed pharmacist reference guide annually published by the Hearst Corporation. "AWP" or "Average wholesale price" may also be derived electronically from the drug pricing database synonymous with the latest publication of the Blue Book and furnished in the National Drug Data File (NDDF) by First Data Bank (FDB), a service of the Hearst Corporation.

Examples of AWP in a sentence

• The Customs 2020 Committee provides its formal opinion on the AWP before its adoption by the Commission.

• All discount guarantees must be independently verifiable by a third party using a nationally recognized source of time sensitive AWP pricing data.

• He suggested the fee schedule should be a percentage of AWP – not in addition to AWP – such as 60% of AWP.

• The brief report of each consulted institution is attached to this AWP as annex (iii).

• The new timeline for the submission to the institutions – 31 January of the preceding year - has however meant that the preparation of the Agency’s 2017 AWP has been brought considerably forward and coincided also with the revision of the Work Programme 2016.While the Agency has strived to make the document as complete as possible, on the basis of the information available at the time of drafting, it remainsnevertheless a draft.

More Definitions of AWP

AWP or "average wholesale price" means the amount

AWP means the Average Wholesale Price effective on the day the drug was dispensed.

AWP means the benchmark price established by a nationally available reporting service as selected by SOUTHERN SCRIPTS based on the 11-digit National Drug Code (“NDC”) of the Covered Medication dispensed by PHARMACY.

AWP means the average wholesale price of a prescription drug based upon the most current information provided to ESI by drug pricing services such as First Databank, Redbook or other source generally recognized in the retail prescription drug industry selected by ESI.

AWP as used herein means the current Average Wholesale Price as listed in print or electronically by a nationally recognized pricing source determined by Southern Scripts based on the package size dispensed.

AWP means the “average wholesale price” for a standard package size of a prescription drug from the most current pricing information provided to PBM by Medi-Span Prescription Pricing Guide, or following approval by the Board, any other nationally available reporting service of pharmaceutical prices as utilized by PBM as a pricing source for prescription drug pricing. The AWP used is based on the date sensitive 11-digit national drug code (NDC) of the actual package size dispensed as set forth by Medi-Span on the date the claim is dispensed.

AWP means the Average Wholesale Price for a pharmaceutical product as provided in First Data Bank or MediSpan and updated no less than monthly.