decisionhealth Newsletters, Part B News - 2006 Issue 10 (October)
ASP changes see more increases than decreases
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Article Overview
This article summarizes Medicare Part B average sales price (ASP) changes taking effect in the fourth quarter of 2006. It is aimed at coders, billing staff, and reimbursement professionals who need to understand which drug payment amounts changed, how broadly prices moved, and which commonly billed injectable and related drugs were among the larger gainers and losers. The piece also notes the CMS-based source of the update and the time period covered by the new pricing.
Why This Topic Matters
Quarterly ASP updates can affect drug reimbursement under Medicare Part B, so practices that bill high-volume drugs need to monitor the overall direction of payment changes and identify items with notable swings.
Article Sections
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Quarterly ASP update overview
Introduces the fourth-quarter Medicare ASP update, the effective dates, and the overall pattern of increases, decreases, and unchanged pricing across the listed drugs.
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Notable pricing volatility and high-volume examples
Discusses several drugs with larger quarter-to-quarter payment swings and places the changes in the context of prior updates and billing volume.
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Top billed drugs with a payment increase
Presents a list of drugs with higher payments in the update, along with the reported price comparisons for the quarter.
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Top billed drugs with a payment decrease
Presents a list of drugs with lower payments in the update, along with the reported price comparisons for the quarter.
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Source and methodology note
Identifies the CMS ASP lists used for the analysis and explains the general selection criteria for the drugs included in the article.
What You Will Learn
- How the fourth-quarter Medicare ASP update affected drug reimbursement overall
- Which broad types of drugs were highlighted as having notable payment changes
- How the article organizes higher- and lower-payment drug examples
- What source data and time frame were used for the ASP analysis
Who Should Read This
- Medical coders
- Billing staff
- Reimbursement specialists
- Practice administrators
- Pharmacy billing professionals
Codes Discussed
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