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The metric was originally intended to convey real pricing information to third-party payers, including government prescription drug programs. Commercial publishers of drug pricing data such as Red Book have published AWP data since at least 1970.
Red Book, a drug reference published by Thomson Reuters Red Book , nickname for the Statement of Fees and Allowances, adopted by the UK General medical services in 1990 and abolished in 2004 Red Book , US guide to prescription medicines published by Thomson, including data such as average wholesale price
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
The Biden administration selected 10 prescription medicines for unprecedented price negotiations by the Medicare health program for older Americans that covers 66 million people. Blood thinner ...
The National Average Drug Acquisition Cost (NADAC) is the approximate invoice price pharmacies pay for medications in the United States. [1] This applies to chain and independent pharmacies but not mail order and specialty pharmacies. [1] Rebates pharmacies may receive after paying an invoice are not included. [1]
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