Ven-A-Care’s whistle-blower suits came after years of complaints the company made to lawmakers and healthcare bureaucrats about overpayments by Medicare and Medicaid connected to inflation of the average wholesale price, or AWP. …

We will stop lying to the government about the Average Wholesale Price (AWP) we charge providers and pocketing kickbacks. We’ll admit it stands for Ain’t What’s Paid.

“This practice was widespread in the pharmaceutical industry—so widespread in fact that average wholesale price, AWP, it was jokingly said, really stood for ‘Ain’t What’s Paid,’” Tony West, assistant attorney general for the Justice …

The main influence driving prescription drug price was a 6.3 percent rise in the Average Wholesale Price (AWP), the report notes, while the utilization change was related primarily to a 2.2 percent increase in the days of supply per …

COMMENT: AWP is the basis for PBM payments to pharmacies . Consider changing contracts to WAC now to prepare for 2011. Payers and purchasers are not receiving compensation for the inflated AWPs that they have been paying on for years.

The National Association of Chain Drug Stores (NACDS) praises South Carolina for signing into law Thursday a provision that will hold pharmacies harmless from the recent average wholesale price (AWP) First DataBank/Medi-Span settlements …

Gold Standard/Elsevier has announced that it will continue to publish drug price databases that include the average wholesale price (AWP) in addition to the calculated price types that include various markup percentages. …

Vancouver, WA August 18, 2004 — The Average Wholesale Amount (AWP) biologic appraisement arrangement has, so far, survived chic activity and authoritative.

Average Wholesale Price (AWP): A national average of list prices charged by wholesalers to pharmacies . AWP is sometimes referred to as a “sticker price” because it is not the actual price that larger purchasers normally pay, …

Specialty and retail pharmacies are reimbursed using List Minus formulas, usually computed as a discount off of Average Wholesale Price (AWP). A growing share of medical benefit providers are reimbursed for specialty drugs based on …