MDRP definition

MDRP means the Medicaid Drug Rebate Program.
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Examples of MDRP in a sentence

  • Nothing in this Agreement shall be construed to relieve Manufacturer from its obligation to pay any other rebates, including any rebates under the MDRP or a separate supplemental rebate agreement.

  • The MDRP helps lower Medicaid prescription drug spending by ensuring that state Medicaid agencies receive discounts in the form of rebates on covered outpatient drugs.

  • Following the transfer of the Seller NDC Numbers to Buyer, Buyer shall assume any and all reporting obligations arising from or related to the Seller NDC Numbers, including any required reporting calculations to a Governmental Authority (such as MDRP, 340B CP and Non-FAMP).

  • Under the Medicaid Drug Rebate Program (MDRP), drug manufacturers must provide rebates to the federal government and states as a condition of having their drugs covered by Medicaid.

  • State or its designee shall invoice Manufacturer for Outcome-Based Supplemental Rebates separately from the MDRP statutory rebate or any other state supplemental rebate, using the format set forth by CMS.

  • Interest will accrue until the postmark date of Manufacturer’s payment consistent with Manufacturer’s rebate agreement with CMS under the MDRP.

  • This MDRP Grant Agreement will become effective as of the date of the countersignature.

  • Except as the Association shall otherwise agree, procurement of the goods, works, and consultants’ services required for the Project and to be financed out of the proceeds of the MDRP Grant shall be governed by the provisions of Schedule 3 to this Agreement.

  • In the event that a labeler has exited the Medicaid Drug Rebate Program (MDRP), no future invoices will be generated.

  • Any changes to any rebates required under the MDRP or any other state supplemental rebates (other than the Outcome-Based Supplemental Rebate) shall not invalidate or otherwise affect the calculation of Outcome-Based Supplemental Rebate or any Base Administrative Fee unless intended otherwise by the Parties as reflected in writing in Appendix B.

Related to MDRP

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Database Management System (DBMS) A system of manual procedures and computer programs used to create, store and update the data required to provide Selective Routing and/or Automatic Location Identification for 911 systems. Day: A calendar day unless otherwise specified. Dedicated Transport: UNE transmission path between one of CenturyLink’s Wire Centers or switches and another of CenturyLink’s Wire Centers or switches within the same LATA and State that are dedicated to a particular customer or carrier. Default: A Party’s violation of any material term or condition of the Agreement, or refusal or failure in any material respect to properly perform its obligations under this Agreement, including the failure to make any undisputed payment when due. A Party shall also be deemed in Default upon such Party’s insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party or the failure to obtain or maintain any certification(s) or authorization(s) from the Commission which are necessary or appropriate for a Party to exchange traffic or order any service, facility or arrangement under this Agreement, or notice from the Party that it has ceased doing business in this State or receipt of publicly available information that signifies the Party is no longer doing business in this State.

  • Technology Transfer Plan has the meaning set forth in Section 4.1.5.

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Licensed behavior analyst means a person who holds current certification or meets the standards to be certified as a board certified Behavior Analyst or a board certified Assistant Behavior Analyst issued by the Behavior Analyst Certification Board, Inc., or any successor in interest to that organization and whom the Board of Psychological Examiners licenses as a Behavior Analyst.