decisionhealth Newsletters, Part B News - 2014 Issue 7 (July)
Little consistency in price changes of top billed drugs under ASP
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Article Overview
This article reviews Medicare Part B drug payment trends under the ASP-based methodology and looks at how prices shifted for commonly billed drugs across multiple years. It is relevant for coders, billing staff, and reimbursement professionals who track Part B drug payment changes, utilization trends, and the impact of CMS pricing methodology on drug billing. The piece provides a broad overview of the market-based pricing approach, compares historical payment movement for top-billed drugs, and places those changes in the context of Medicare billing data.
Why This Topic Matters
Understanding how ASP-based drug payments fluctuate helps providers and revenue cycle teams anticipate reimbursement variability for frequently billed Part B drugs and monitor pricing trends over time.
What You Will Learn
- How CMS’ ASP-based payment methodology relates to Part B drug reimbursement
- Why reimbursement for commonly billed drugs can change from one quarter or year to the next
- How historical billing data can be used to review pricing trends for top-billed drugs
- What types of drug payment movements were observed in the article’s analysis
Who Should Read This
- Medical coders
- Billing staff
- Revenue cycle professionals
- Healthcare reimbursement analysts
- Practice administrators
Codes Discussed
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