Drug prices The gap between pharmaceutical acquisition costs and hospital charges is particularly wide for 340B entities. (Photo: Shutterstock)

Reimbursement for clinician-administered drugs under Medicare Part B is set at the average sales price charged by manufacturers to wholesalers, plus a 6% markup. Although these prices had long been confidential, hospitals now are required to post payer-specific negotiated prices under a transparency rule that took effect early this year.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.