Academy of Managed Care Pharmacy

AMCP Announces Drug Payment Methodologies Resource Library

Published in Managed Care Business Week, July 10th, 2007

The Academy of Managed Care Pharmacy announced that it has developed and placed on its website a searchable interactive database offering access to articles and documents that examine drug product payment systems in use in the United States today, such as average wholesale price (AWP), average manufacturer's price (AMP) and wholesale average cost (WAC).

Judith Cahill, executive director of the Academy, said, "We believe this web-based library will be an invaluable resource for our members and for public policy makers who are studying the changing dynamics of how drugs are paid for in various public programs and the private market." The materials in the database were...

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Source: Managed Care Business Week (2007-07-10)

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