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- Average_Wholesale_Price abstract "In the United States the Average Wholesale Price (AWP) is a prescription drugs term referring to the average price at which drugs are purchased at the wholesale level. The term was originally intended to convey real pricing information to third-party payors, including government prescription drug programs. Commercial publishers of drug pricing data such as Red Book and First DataBank have published AWP data since at least 1970. According to the Red Book, published by Thomson Medical Economics, the pricing information is “based on data obtained from manufacturers, distributors, and other suppliers.” Whatever method such information was obtained, it turns out that published AWPs are grossly inflated relative to actual market prices for drugs.For decades, AWP has been used to determine third-party reimbursement throughout the health care industry because third party payers have no other reliable method of obtaining real market prices (most contracts contain confidentiality clauses). Reimbursement amounts are typically based on AWP minus some percentage. Because published AWPs often dramatically exceed the real prices of drugs, many states have brought lawsuits against the pharmaceutical manufacturers and others, alleging fraud and violations of consumer protection laws.".
- Average_Wholesale_Price wikiPageExternalLink IB807_DrugPricing_08-29-05.pdf.
- Average_Wholesale_Price wikiPageID "8626092".
- Average_Wholesale_Price wikiPageLength "1788".
- Average_Wholesale_Price wikiPageOutDegree "4".
- Average_Wholesale_Price wikiPageRevisionID "603963490".
- Average_Wholesale_Price wikiPageWikiLink Category:Pharmaceutical_industry.
- Average_Wholesale_Price wikiPageWikiLink Category:Pharmacy_in_the_United_States.
- Average_Wholesale_Price wikiPageWikiLink Prescription_drug.
- Average_Wholesale_Price wikiPageWikiLink Red_Book_(pharmacy).
- Average_Wholesale_Price wikiPageWikiLinkText "Average Wholesale Price".
- Average_Wholesale_Price wikiPageUsesTemplate Template:Cite_journal.
- Average_Wholesale_Price wikiPageUsesTemplate Template:Underlinked.
- Average_Wholesale_Price subject Category:Pharmaceutical_industry.
- Average_Wholesale_Price subject Category:Pharmacy_in_the_United_States.
- Average_Wholesale_Price hypernym Term.
- Average_Wholesale_Price type Drug.
- Average_Wholesale_Price type Drug.
- Average_Wholesale_Price type Industry.
- Average_Wholesale_Price type Pharmaceutic.
- Average_Wholesale_Price type Redirect.
- Average_Wholesale_Price comment "In the United States the Average Wholesale Price (AWP) is a prescription drugs term referring to the average price at which drugs are purchased at the wholesale level. The term was originally intended to convey real pricing information to third-party payors, including government prescription drug programs. Commercial publishers of drug pricing data such as Red Book and First DataBank have published AWP data since at least 1970.".
- Average_Wholesale_Price label "Average Wholesale Price".
- Average_Wholesale_Price sameAs Q4828254.
- Average_Wholesale_Price sameAs m.027bjqx.
- Average_Wholesale_Price sameAs Q4828254.
- Average_Wholesale_Price wasDerivedFrom Average_Wholesale_Price?oldid=603963490.
- Average_Wholesale_Price isPrimaryTopicOf Average_Wholesale_Price.