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

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