average sales price (ASP)

On November 15, 2012, the Centers for Medicare & Medicaid Services (CMS) published its publishing its final rule with comment period updating Medicare payment and other policies for the hospital outpatient prospective payment system (OPPS) and ambulatory surgical centers (ASCs) for CY 2013. The rule also updates Medicare quality reporting program policies and various other Medicare policies. Key provisions of the final rule include the following:Continue Reading CMS Finalizes OPPS, ASC Rates and Policies for 2013

CMS has posted the April 2012 Medicare average sales price (ASP) files.  According to CMS, average drug prices in the market remain relatively stable, with prices for the top Part B drugs decreasing by an average of 0.6%. CMS also notes that while it is authorized to substitute average manufacturer price (AMP) for the ASP