Wholesale acquisition cost definition

Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

Wholesale acquisition cost means, with respect to a prescription drug, the

Wholesale acquisition cost or "price" means, with respect to a prescription drug, the manufacturer's list price for the drug to wholesalers or direct purchasers in the United States, excluding any discounts, rebates, or reductions in price, for the most recent month for which the information is available, as reported in wholesale price guides or other publications of prescription drug pricing.

Examples of Wholesale acquisition cost in a sentence

• Wholesale Acquisition Cost (WAC) Minus Percentage or Dollar Pricing.

• 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.

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

• Where the Product has been paid for in full by the Novartis Gene Therapies EU Authorised User, a credit or refund amount will be issued in accordance with Section 2.6.2.2 based on the lower of (i) the Wholesale Acquisition Cost (“WAC”) applicable at the time of purchase by the Novartis Gene Therapies EU Authorised User for the Product carton returned, less any applicable discounts, or (ii) the actual price paid by the Novartis Gene Therapies EU Authorised User for the Product carton returned.

• METHODS: The Wholesale Acquisition Cost (WAC) for 2,500 drugs was used to determine the cost per unit for each medication.

More Definitions of Wholesale acquisition cost

Wholesale acquisition cost means, with respect to a pharmaceutical drug or biological product, the manufacturer's list price for the pharmaceutical drug or biological product to wholesalers or direct purchasers in the United States for the most recent month for which the information is available, as reported in wholesale price guides or other publications of pharmaceutical drug or biological product pricing data, not including any rebates, prompt pay or other discounts, or other reductions in price.

Wholesale acquisition cost means, with respect to a pre- scription drug, the manufacturer's list price for the drug to whole- salers or direct purchasers in the United States, excluding any dis- counts, rebates, or reductions in price, for the most recent month for which the information is available, as reported in wholesale acquisi- tion cost guides or other publications of prescription drug pricing.

Wholesale acquisition cost or "price" means, with respect

Wholesale acquisition cost means, with respect to a prescription drug, the drug manufacturer's list price for the prescription drug to wholesalers or direct purchasers in the United States for the most recent month for which the information is available, as reported in wholesale price guides or other publications of drug pricing data, such as Medi-Span Price Rx, Gold Standard Drug Database, or First Databank drug data. The term does not include a rebate, prompt pay, or other discount or other reduction in price.

Wholesale acquisition cost or “WAC” means the price, as reported by a drug manufacturer, at which wholesalers may purchase drug products from that manufacturer. SOUTHERN SCRIPTS shall update WAC pricing on at least a weekly basis with data received from the pricing source.

Wholesale acquisition cost. (“WAC”) shall mean the price paid by a wholesaler for drugs purchased from the wholesaler’s supplier. The WAC used for supplemental invoicing shall be the lowest published WAC price of a Covered Product by National Drug Code (“NDC”) as published by First DataBank, Medispan or RedBook on the last day of the calendar quarter that corresponds to the calendar quarter for which the Medicaid Utilization Information for the Covered Product is reported to the manufacturer.

Wholesale acquisition cost means, with respect to a drug or