Our charge formulas are based on AWP as updated quarterly by Medispan.
 
Rachel

Rachel L. Runyan, CPhT 
Pharmacy Technician II 
Mat-Su Regional Medical Center, Palmer, AK 
(907) 861-6699 
(907) 861-6731 (Fax) 
[EMAIL PROTECTED] 

 

________________________________

From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf
Of [EMAIL PROTECTED]
Sent: Tuesday, March 27, 2007 8:53 AM
To: [email protected]
Subject: [MEDITECH-L] Pharmacy Revenue II



Since the question of changes in pharmacy revenue has been posted, it
has brought another question to mind.  I have noticed that in all of the
responses posted, the contributors are referencing their AWPs.  About a
three years ago, based on the recommendations of several Medicare
consultants, we switched all of our charge formulas to cost based rather
than AWP.  This has been a difficult process for me as it has obviously
considerably reduced our revenue.  My question for the "L" is, what are
other pharmacies basing their charge formulas on?  AWP, acquisition, or
something else?
Bob Cutter, RPh
Lead Pharmacist
Willamette Falls Hospital
503-650-6243
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