Wholesale Acquisition definition

Wholesale Acquisition. Cost or WAC shall mean the Manufacturer’s list price for a drug or biological to wholesalers or direct purchasers in the United States, not including prompt pay or other discounts, rebates or reductions in price, for the last day of the Quarter as published in MediSpan or its successor publication, if any.
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Examples of Wholesale Acquisition in a sentence

  • MMCAP Infuse Contract Products priced at Wholesale Acquisition Cost – zero percent (WAC - 0%) will be reported as on-contract purchases based on receipt of supplier documentation effectively adding the item to the manufacturer/suppliers’ contract.

  • Costs shall not be based on industry benchmarks; for example, Average Acquisition Cost (AAC) or Wholesale Acquisition Cost (WAC).

  • Defense Health Agency reserves the right to use the Wholesale Acquisition Cost (WAC) in place of non-FAMP for some medications/devices.

  • MMCAP Contract Products priced at Wholesale Acquisition Cost – zero percent (WAC - 0%) will be reported as on-contract purchases.

  • The amount of the Primary Distribution Services Fee is [***] Wholesale Acquisition Cost (“WAC”) and shall be invoiced monthly and payment shall be due within [***] of the date of the invoice.

  • The Wholesale Acquisition Cost (WAC) per single-use ampule is $[***].

  • University Housing will not remove any additional furniture from the Resident’s room.

  • Alliant agrees that it will not increase or decrease the Wholesale Acquisition Cost for Orapred in the 15mg/5ml concentration or otherwise take any action that would increase the amount payable per bottle by BioMarin upon the return of Orapred.

  • Vendor must invoice all MMCAP Facilities at WAC (Wholesale Acquisition Cost - at the time the order is ordered) or less, plus the negotiated service fee for any non-MMCAP contracted product.

  • Reimbursement is based on actual acquisition cost when it is the lesser of National Average Drug Acquisition Cost (NADAC) or the gross amount due; if there is no NADAC, the lesser of the Wholesale Acquisition Cost (WAC), State Maximum Allowable Cost (SMAC), usual and customary, gross amount due, or other financial arrangements established by the Department.