Unit Rebate Amount definition
Examples of Unit Rebate Amount in a sentence
If there are no sales by the Manufacturer/Labeler during a Quarter, the Unit Rebate Amount last reported will be used in calculating rebates.
In accordance with applicable Legal Requirements, Seller shall calculate the Unit Rebate Amount (“URA”) of each Seller-Labeled Product and shall be responsible for all applicable filings with any Governmental Body in respect of any Seller-Labeled Product sold by or on behalf of Seller or any of Seller’s Affiliates through the Effective Date and for any Seller-Labeled Product sold by Purchaser subsequent to the Effective Date.
Manufacturer will provide the Department with the National Unit Rebate Amount for the Contracted Product(s) in accordance with Manufacturer’s National Drug Rebate Agreement.
HHSC or its Rebate Contract Administration Provider Monitoring – Services Team may, at its option, compute the total rebate anticipated, based on information submitted by the Manufacturer/Labeler, but it shall remain the Manufacturer’s/Labeler’s responsibility to correctly calculate the Unit Rebate Amount.
SRPU = WAC per Unit minus CMS Unit Rebate Amount minus Discount Per Unit.
In the event that the calculated Basic Rebate would establish a new Medicaid Best Price, the Unit Rebate Amount will be capped at the current Medicaid Best Price (the Unit Rebate Amount will be the AMP minus the Best Price).
Unit Rebate Amount (URA) The unit amount computed by CMS to which the Program Utilization Data is applied by HHSC in invoicing the Manufacturer for the KHC Rebate Payment due.
If the Manufacturer’s/Labeler’s most current Unit Rebate Amount information is not correctly reflected in the Program Utilization Information, then the Manufacturer/Labeler shall calculate and make payment for all undisputed units using the most current Unit Rebate Amount within the thirty-eight (38) day timeframe set forth herein.
Once the Manufacturer establishes a Medicaid Best Price, it will calculate the Unit Rebate Amount for the product in accordance with Section 4.02(a)(2), above.
The Manufacturer/Labeler will correctly calculate and provide HHSC or the Rebate Contract Administrator with the Unit Rebate Amount not later than thirty (30) days after the last day of each Quarter.