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Article: The AWP litigation rollercoaster rumbles on
- Article from:
- Drug Topics
- Article date:
- September 1, 2009
- Author:
CopyrightCopyright Advanstar Communications, Inc. Sep 2009. Provided by ProQuest LLC. (Hide copyright information)
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What the next twists and turns will bring
Saturday, September 26, 2009, marks an important day with respect to pharmacy drug reimbursement and drug pricing information.
In the aftermath of a class-action lawsuit brought against First DataBank (FDB) and McKesson Corporation by a third-party payor class accusing the two companies of conspiring to inflate the average wholesale price (AWP) of hundreds of drugs, there will be a rollback of AWP values from 1.25 to 1.20 times the wholesale acquisition cost (WAC) of such drugs.
This represents one part of the settlement that was struck between the litigation parties, but its effect on existing drug pricing contracts between network pharmacies and ...