Best Price definition

Best Price means the highest price in the case of an offer to buy and the lowest price in the case of an offer to sell;
Best Price means Best Price as set forth in 42 USC 1396r-8; as such statute may be amended from time to time, excluding State Supplemental Rebate amounts.
Best Price means, with respect to a single source drug or innovator mul- tiple source drug of a manufacturer (in- cluding any drug sold under an NDA approved under section 505(c) of the FFDCA), the lowest price available from the manufacturer during the re- bate period to any entity in the United States in any pricing structure (includ- ing capitated payments), in the same quarter for which the AMP is com- puted. Best price shall be calculated to include all sales and associated re- bates, discounts and other price con- cessions provided by the manufacturer to any entity unless the sale, discount, or other price concession is specifically excluded by statute or regulation or is provided to an entity specifically ex- cluded by statute or regulation from the rebate calculation.

Examples of Best Price in a sentence

  • The effectiveness of this Agreement will be contingent on the Pharmaceutical Manufacturer’s Best Price and AMP not being affected by State Supplemental Rebates.

  • Expedia will notify You and provide You details regarding any valid claims by guests under Expedia’s Best Price Guarantee or Price Match Guarantee programs (or similar or successor programs) (a “BPG Claim”).

  • Level 2: Includes BHB’s Best Price product with the best five prices in the order book.

  • The effectiveness of this Agreement shall be contingent on Pharmaceutical Manufacturer’s Best Price and AMP not being affected by State Supplemental Rebates.

  • Confidential information, including but not limited to trade secrets, Best Price information, Net Cost information, GNUP, WAC, AMP, other pricing information, utilization data and this Agreement itself will not be disclosed, or used except in connection with this Agreement or as may be required by statute, regulation, or judicial order.


More Definitions of Best Price

Best Price means Best Price as set forth in 42 U.S.C. §1396r-8 and final regulations promulgated by CMS, if any, as such statute or regulations may be amended from time to time.
Best Price means Best Price as set forth in 42 U.S.C. § 1396r-8; as such statute may be amended from time to time.
Best Price means the lowest available price for the goods and/or services that are subject of a solicitation.
Best Price means the Best Price as defined in Section 1927(c)(1)(C) of the Social Security Act, 42 U.S.C. Section 1396r-8(c)(1)(C), and final regulations promulgated by CMS, as such statute or regulations may be amended from time to time. The Best Price shall exclude rebates paid under this Agreement.
Best Price means the “best price” as defined in 42 U.S.C. § 1396r-8(c)(1)(C) and any regulations and guidance promulgated thereunder, including 42 C.F.R. § 447.500 et seq.
Best Price means Best Price as set forth in Section 1927(c)(1)(C) of the Act as implemented by 42 C.F.R. 447.505.
Best Price means, with respect to a particular Pharmaceutical Service which is a Drug Benefit, the lowest total Drug Benefits Fee charged by the Provider for that particular Drug Benefit.