Quote of the Day

"Unfortunately, as typically happens with folks from PBMs, health plans, payers, pharma manufacturers, wholesalers, etc., they each had their own agenda and long story short is they could not come to agreement [on a replacement for Average Wholesale Price]. AWP is still the predominant benchmark used in the marketplace for all things reimbursement.... In my mind [Average Manufacturer Price] is going to supplant AWP at some point. They use AMP in some government calculations right now for Medicare. But the problem with AMP is it is not a real-time benchmark, more of a retrospective look."



— Robert Ferraro, a principal in Buck Consultants' National Pharmacy Practice in Phoenix, told AIS's Health Plan Week.