decisionhealth Newsletters, Part B News - 2005 Issue 5 (May)
6 tips to survive ASP next year
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Article Overview
This article explains practical considerations for oncology practices managing Medicare drug billing under ASP. It covers purchasing strategies, group purchasing organizations, inventory management, wastage, patient scheduling, and CMS guidance on billing for discarded drug amounts. The piece is aimed at practice administrators, billing staff, and oncology reimbursement professionals who need a general overview of policy and operational issues affecting drug payment.
Why This Topic Matters
Drug reimbursement and inventory practices can materially affect revenue and waste management in physician offices and oncology clinics. Understanding the general ASP environment and CMS-related billing considerations helps practices evaluate purchasing arrangements and operational workflows.
What You Will Learn
- How ASP-related reimbursement pressures affect oncology drug purchasing
- Why group purchasing arrangements matter to practice operations
- How inventory timing and scheduling can influence drug wastage
- What broad CMS guidance addresses discarded portions of single-use drugs
- How practices may approach sourcing drugs from multiple suppliers
Who Should Read This
- Oncology practice administrators
- Medical billers and coders
- Physician office managers
- Reimbursement staff
- Healthcare compliance professionals
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