Average Wholesale Price definition

Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.
Average Wholesale Price or AWP means the average wholesale price of the Covered Drug, on the date dispensed, as set forth in Medi-Span’s Master Drug Database (MDDB®) file, if available, or other nationally recognized source determined by Contractor and disclosed to the County.
Average Wholesale Price means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally recognized drug pricing file.[PL 1999, c. 786, Pt. A, §3 (NEW).]

Examples of Average Wholesale Price in a sentence

  • Special terms used Average wholesale price (AWP), Geographic area, Medicare allowable rates,Prevailing charge ratesare defined as follows: Average wholesale price (AWP) Is the current average wholesale price of a prescription drug listed in the Facts and Comparisons, Medi- span weekly price updates (or any other similar publication chosen by Aetna).


More Definitions of Average Wholesale Price

Average Wholesale Price means any one of the recognized published averages of the prices charged by wholesalers in the United States for the drug products they sell to a Pharmacy.
Average Wholesale Price or "AWP" means the average wholesale price of a prescription drug as provided in the most current release of the Medi-Span Master Drug Database by Wolters Kluwar Health on the day a prescription drug is dispensed or other nationally recognized drug pricing index adopted by the Workers’ Compensation Oversight Panel.
Average Wholesale Price or “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.
Average Wholesale Price means the amount determined from the
Average Wholesale Price means the price for a drug product listed as the average wholesale price in the department’s primary price reference source.
Average Wholesale Price means the wholesale price charged
Average Wholesale Price or "AWP" means the wholesale price