AWP definition

AWP means average wholesale price.

AWP or "Average wholesale price" means the amount

AWP. MEANS AVERAGE WHOLESALE PRICE.

Examples of AWP in a sentence

• The applicable AWP for prescriptions: (i) filled in any retail Network Pharmacy will be the AWP on the date the drug was dispensed for the 11-digit National Drug Code (“NDC”) for the package size from which the drug was actually dispensed as such 11-digit NDC is reported by the Network Pharmacy, and (ii) filled in any mail service Network Pharmacy will be the AWP on the date the drug was dispensed for the 11-digit NDC for the package size from which the drug was actually dispensed.

• Measurement and Criteria 01/01/2024 01/01/2025 Retail Brand, Average Wholesale Price (AWP) less 21.90% 21.90% Retail Brand -- 90 Day Supply, AWP less 24.90% 24.90% Retail Generic - 30 and 90 Day Supply, AWP less 84.00% 84.00% Mail Order Brand, AWP less 25.50% 25.50% Mail Order Generic, AWP less 87.00% 87.00% The Guaranteed Discount amount will be determined by multiplying the AWP by the guaranteed discount off AWP by each component.

• All other discounts represent the percentage discount savings off of AWP.

• The guaranteed discount amount will be determined by multiplying the AWP by the contracted discount rate off AWP by component.

• If Medi-Span does not provide an AWP for a particular 11-digit NDC (and Meritain and PBM Vendor have not agreed upon another drug pricing source for such NDC), the applicable AWP for such prescriptions will be the lowest cost AWP per unit for such Covered Drug as reported by Medi-Span.

More Definitions of AWP

AWP or "Average wholesale price" means the amount determined from the latest publication of the Blue Book, a universally subscribed pharmacist reference guide annually published by the Hearst Corporation. "AWP" or "Average wholesale price" may also be derived electronically from the drug pricing database synonymous with the latest publication of the Blue Book and furnished in the National Drug Data File (NDDF) by First Data Bank (FDB), a service of the Hearst Corporation.

AWP means the Average Wholesale Price effective on the day the drug was dispensed.

AWP means the “average wholesale price” for a standard package size of a prescription drug from the most current pricing information provided to PBM by Medi-Span Prescription Pricing Guide, or following approval by the Board, any other nationally available reporting service of pharmaceutical prices as utilized by PBM as a pricing source for prescription drug pricing. The AWP used is based on the date sensitive 11-digit national drug code (NDC) of the actual package size dispensed as set forth by Medi-Span on the date the claim is dispensed.

AWP means the benchmark price established by a nationally available reporting service as selected by SOUTHERN SCRIPTS based on the 11-digit National Drug Code (“NDC”) of the Covered Medication dispensed by PHARMACY.

AWP means the average wholesale price of a prescription drug based upon the most current information provided to ESI by drug pricing services such as First Databank, Redbook or other source generally recognized in the retail prescription drug industry selected by ESI.

AWP has the meaning ascribed to such term in Schedule C attached hereto.

AWP as used herein means the current Average Wholesale Price as listed in print or electronically by a nationally recognized pricing source determined by Southern Scripts based on the package size dispensed.