Price Corrections

To view the list of Price Corrections requested, select Price Corrections from the top menu.

The Price Corrections page lists your Price Correction request along with the details and its current status. The following fields are displayed for each price correction request:

• NDC9

• Product Name

• Sales Year

• Sales Quarter

• Effective Year

• Effective Quarter

• Previous AMP

• Previous URA The CMS Medicaid Drug Rebate (MDR) system performs the URA calculation using the drug manufacturer's pricing. The specific methodology used is determined by law and depends upon the drug's classification. Drug manufacturers remain responsible for correctly calculating the URA for their covered outpatient drugs.

• Previous Ceiling Price Manufacturers who participate in the Medicaid Drug Rebate Program (MDRP) enter into an agreement with the Secretary of Health and Human Services under which the manufacturer must agree to charge a price no greater than the statutory pricing formula (340B ceiling price) when selling covered outpatient drugs to 340B covered entities. In order to calculate the 340B ceiling price, the Unit Rebate Amount (URA) is subtracted from the Average Manufacturer Price (AMP) for the smallest unit of measure [340B Ceiling Price = (AMP – URA)]. Under section 340B(a) of the Public Health Service Act (PHSA), the 340B ceiling price is calculated by subtracting the unit rebate amount (URA) from the average manufacturer price (AMP) for the smallest unit of measure of each covered outpatient drug (as identified by the product's 11-digit National Drug Code (NDC). To ensure that the final price is operational in the marketplace, HRSA then multiplies this amount by drug's package size (PS), defined as the number of billing units in the labeled quantity from which the pharmacist dispenses, and the case pack size (CSP), defined as the number of salable units in the shipping container [340B Ceiling Price = (AMP-URA) x PS x CSP].

• Corrected AMP

• Corrected URA

• Corrected Ceiling Price

• Current Status

• Published Date

By default, the page displays both in progress and completed price correction submissions. Select the checkbox “Show In Progress Price Corrections Only” to view only the in-progress Price Correction submissions.