decisionhealth Newsletters, Part B News - 2014 Issue 3 (March)
Drug prices on upward trend in second-quarter average sales price
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Article Overview
This article explains a Medicare drug pricing update focused on average sales price data for the second quarter of 2014. It is aimed at practices, billing staff, and coding professionals who report injectable and other drug products under Medicare Part B and need to understand which categories of drugs saw price movement, which items were newly listed or removed, and how the pricing analysis was organized.
Why This Topic Matters
ASP updates can affect reimbursement for drug-related claims and help practices track changes in payment levels across commonly billed Medicare Part B drugs. Readers can use the article to monitor quarterly pricing trends and understand the scope of the update without relying on the full dataset.
Article Sections
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Benchmark of the week
A brief introductory note summarizing the overall direction of the quarterly Medicare drug pricing update and its relevance to billing practices.
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ASP file changes for April 2014
An overview of the quarterly ASP file, including newly listed and deleted drugs and the overall distribution of pricing movement across the data set.
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Analysis of ASP changes; second-quarter prices effective April 1
A structured presentation of the quarter-to-quarter analysis, organized into groups of drugs with the largest increases and decreases in average sales price.
What You Will Learn
- How the article frames the April 2014 Medicare average sales price update
- What categories of ASP changes are discussed in the quarterly analysis
- How the article organizes higher-level trends in drug pricing movement
- Which kinds of billing and reimbursement topics are associated with the update
Who Should Read This
- Medical coders
- Billing staff
- Practice managers
- Revenue cycle professionals
- Healthcare providers billing Medicare Part B drugs
Codes Discussed
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