Workshop A — Government Payor Program 101: Primer on the Pricing Essentials of the Medicare, Medicaid, and PHS 340B Program

Mar 19, 2024 9:30am – 12:30 PM

Jim Flowers
Director
 Federal Compliance Solutions

Join us for this primer on the fundamentals of pharmaceutical pricing related to government payor programs and obtain an in-depth working knowledge of these programs which will lay the foundation for the more in-depth discussions that will take place throughout the main conference. Points of discussion will include:

  • Reviewing applicable legislation such as the IRA, MMA, DRA, ACA, and recently enacted IRA and key agency rules/guidance
  • Tracking the flow of payments and reimbursements in the health care supply chain
    • Identifying stakeholders within the chain and their roles
    • Tracking the flow of drugs, payments, and services
  • Deciphering commonly used acronyms and terminology
  • Surveying the different pricing benchmarks and calculations
    • AMP, AWP, ASP, WAC, BP, PHS, FCP, and non-FAMP
  • Understanding the implications of different pricing methodologies, calculations, and benchmarks for different stakeholders
  • Examining the key pricing concepts and calculations for government drug pricing and rebate programs
    • Medicaid Drug Rebate program
    • Medicare Part B and D
    • 340B Drug Pricing program
    • Federal Supply Schedule/Federal Ceiling Price
    • TRICARE
  • Considering the interactions among the programs
  • Understanding how participation in the Medicaid Drug Rebate Program impacts participation in the PHS 340B program