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Practitioners (Physician Assistant, Nurse Practitioner, Clinical Nurse Specialist, Certified Registered Nurse Anesthetist and Anesthesiologist Assistant, Certified Nurse Midwife, Clinical Social Worker, Clinical Psychologist, Registered Dietitian, Nutrition Professional, Audiologist)
The Omnibus Budget Reconciliation Act of 1989 enacted a Medicare fee schedule, and as of 2010 about 7,000 distinct physician services were listed. [2] The services are classified under a nomenclature based on the Current Procedural Terminology (CPT) to which the American Medical Association holds intellectual property rights. [ 2 ]
One-third of this amount, about $120 billion, was paid by prescription drug plans. This plan liability amount was partially offset by about $50 billion in discounts, mostly in the form of manufacturer and pharmacy rebates. [16] This implied a net plan liability (i.e. net of discounts) of roughly $70 billion.
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STEP 1: Application of scientific principles basic to the practice of medicine STEP 2: Application of medical knowledge, skills, and understanding of clinical science essential for supervised patient care STEP 3: Application of medical knowledge and understanding of biomedical and clinical science essential for the unsupervised practice of medicine
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The Medicaid Drug Rebate Program is a program in the United States that was created by the Omnibus Budget Reconciliation Act of 1990 (OBRA'90). The program establishes mandatory rebates that drug manufacturers must pay state Medicaid agencies related to the dispensing of outpatient prescription drugs covered by Medicaid .
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