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Objective: To determine whether 340B covered entities pay more than the statutory defined 340B ceiling price and, if so, the potential reason for the price discrepancies. [ 45 ] Findings : (1) In June 2005, 14 percent of total purchases by 340B entities exceeded 340B ceiling prices, resulting in total overpayments of $3.9 million.
The price of a new drug (in most cases) is limited so that the cost of therapy with the new drug is in the range of the costs of therapy with existing drugs in the same therapeutic class. The price of a breakthrough drug is limited to the median of its prices in France, Germany, Italy, Sweden, Switzerland, Britain, and the United States.
However, the manufacturer then cut the price, and CMS limited coverage of the drug. That led to the standard monthly premiums decreasing by $5.20 to $164.90 for this year. It was the first year ...
The Healthcare Systems Bureau was formerly the Bureau of Health Resources Development, which was created at the end of the Public Health Service reorganizations of 1966–1973 by combining the Community Health Service and the Health Facilities Planning and Construction Service from the recently abolished Health Services and Mental Health Administration (HSMHA). [1]
Much of the edits seemed designed to remove any potentially negative information about the 340B drug discount program. I have replaced a good deal of my content, and reorganized the page in certain areas to clarify those items which are intended to shed light specifically about controversy over the program.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
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Resale price maintenance (RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).