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Tag: AMP

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OIG: ASP continues to exceed AMP for certain drugs

March 10, 2020HME News Staff

WASHINGTON - The average sales price for 11 drug codes in the third quarter of 2019 met CMS's price substitution criteria by exceeding the average manufacturer price by 5% for two consecutive quarters or three of the previous four quarters, according to a new report from the Office of Inspector General. When the ASP exceeds the AMP by 5%, the Department of Health and Human Services substitutes the ASP-based amount with a lower calculated rate, either 103% of the AMP or the widely available market...

AMP, ASP, OIG, Part B drugs, Pricing

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