Navigation Links
Thomson Reuters Offers Average Wholesale Pricing Information for Workers' Compensation Drug Claims

RED BOOK(TM) Delivers AWP to Support CMS Pricing for Workers' Compensation Medicare Set-Aside Arrangement Proposals

ANN ARBOR, Mich., June 9 /PRNewswire/ -- The Centers for Medicare & Medicaid Services (CMS) recently announced that, effective June 1, it will independently price prescription drug costs in Workers' Compensation Medicare Set-Aside Arrangement (WCMSA) proposals. When an injury covered by workers' compensation warrants prescription drugs for ongoing treatment, CMS' pricing will be calculated using average wholesale price (AWP). CMS will not use or recognize any other pricing, discounting, or calculation methods.

Thomson Reuters offers AWP through its RED BOOK to support determination of pricing for prescription drugs for treatment of injuries in workers' compensation cases. The RED BOOK policy and methodology for AWP have been consistent for over six years, providing a trusted source to support CMS pricing for WCMSA proposals.

RED BOOK covers current drug pricing and product information in a single source that is continuously updated to reflect recent price changes and new product information. Obtaining pricing and product information from one comprehensive source reduces the need to conduct redundant searches and simplifies identification, analysis, and comparison of drug and non-drug products. Available through multiple delivery options, including flat files for system integration or CD-ROM, RED BOOK helps quickly answer drug-related questions with information on prescription and over-the-counter drugs, nutraceuticals, bulk chemicals, and non-drug items.

About Thomson Reuters

The Healthcare business of Thomson Reuters produces insights, information, benchmarks and analysis that enable organizations to manage costs, improve performance and enhance the quality of healthcare. Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. For more information, go to

SOURCE Thomson Reuters
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Availity Teams with Thomson Reuters to Integrate Treatment Cost Calculator
2. Thomson Reuters Medical Director Named to Healthcare Industry Leadership Roles
3. Thomson Reuters Honors Keystone Mercy and AmeriHealth Mercy Health Plans and Tallahassee Memorial HealthCare
4. Baptist Health South Florida Selects Clinical Performance Benchmarking Solution From Thomson Reuters
5. Thomson Reuters Web of Science(R) Provides Insights Into More than a Century of Influenza Research for Todays Health Professionals
6. Thomson Reuters and the National Foundation for Cancer Research Provide Online Help for Cancer Patients
7. Nobel Laureate Celebrates With Thomson Reuters, Drs. Clotet and Gatell Ten Years of HIV Updates
8. Thomson Reuters Study Finds More Patients Postponing Medical Care Due to Cost
9. Two QHR Management Clients Named to Thomson Reuters' 100 Top Hospitals Rutherford Hospital, Inc. and Wooster Community Hospital Honored for Performance Excellence
10. MedTrust Online to Provide NexCura Cancer Profiler Tools from Thomson Reuters to Oncologists
11. HealthEquity, a Leading Healthcare Account Administrator, Licenses Thomson Reuters Information Solutions to Help People Make Better Healthcare Decisions
Post Your Comments:
(Date:11/30/2015)... York (PRWEB) , ... November 30, 2015 , ... In ... of his role as a top ophthalmologist on Long Island’s east end. During the ... teaching, innovations in surgery and treatment of glaucoma and cataracts, and how a visit ...
(Date:11/30/2015)... ... November 30, 2015 , ... Since its ... specializing in independent living, assisted living and all other retirement options. Support for ... awareness and research remains a top priority. , So it’s no surprise ...
(Date:11/30/2015)... ... November 30, 2015 , ... ... of the leading plastic surgery practices in Florida, is proud to announce that ... for surgical innovations giant Ethicon Inc., a Johnson & Johnson Company. , Ethicon ...
(Date:11/30/2015)... New York, New York (PRWEB) , ... November 30, 2015 , ... ... at the Greater New York Dental Meeting. Their Ecosystem empowers dentists to make complex ... Dentists who visit the booth will receive a free fee survey with 10 procedures ...
(Date:11/30/2015)... ... 30, 2015 , ... Vasont Systems, a top component content ... extension unites with Syncro Soft’s latest software update, oXygen XML editor Version 17.1. ... the latest release of oXygen® XML editor and the Vasont® CCMS. , ...
Breaking Medicine News(10 mins):
(Date:11/30/2015)... 2015 2014RestatedChange%Turnover 545,575 , 518,852 , 5.2 Cord Blood ... , 9.8 Hospital Management Service Income , ... Medical Insurance Administration Service Income , 2,780 , ... , 89,645 , 94,580 , ... 2,917 , (3.3) Gross Profit 395,857 , ...
(Date:11/30/2015)...  PTS Diagnostics, the U.S.-based manufacturer of point-of-care biometric ... ® systems, and PTS Detect™ cotinine systems, has ... will propel the company into the mHealth market. ... . The technology is a system that interfaces ... and tablets, and uses test strip technology already developed ...
(Date:11/30/2015)... Nov. 30, 2015 Cumberland Pharmaceuticals (CPIX), today announced that ... at on December 3, 2015. TIME: 3:15p.m. ... 3:15p.m. ET LINK: --> ... --> --> ... investors are invited to ask the company questions in real-time ...
Breaking Medicine Technology: