Navigation Links
Thomson Reuters Offers Average Wholesale Pricing Information for Workers' Compensation Drug Claims
Date:6/9/2009

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 www.thomsonreuters.com.


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that ... chosen by their peers for this recognition are considered among the top 2 percent ... special honors as members of this year’s Legal Elite Hall of Fame: Miami ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, ... and the Road To Recovery® program to drive cancer patients to and from their ... to ensure the highest quality of life and ongoing independence. Getting to and ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their pencils ... an essay contest in which patients and their families pay tribute to a genetic ... 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
(Date:6/24/2016)... York, NY (PRWEB) , ... June 24, 2016 ... ... publication Haute Living, is proud to recognize Dr. Barry M. Weintraub as a ... that “the most beautiful women in the world, and the most handsome men, ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
(Date:6/23/2016)... , June 23, 2016 , ... on Thursday, July 7, 2016 , , , , LOCATION: ... , , , , EXPERT PANELISTS:  , , , ... Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and ... The global pharmaceutical industry is witnessing an exceptional era. ...
(Date:6/23/2016)...  Guerbet announced today that it has been named ... . One of 12 suppliers to receive ... support of Premier members through exceptional local customer service ... to lower costs. ... outstanding customer service from Premier," says Massimo Carrara ...
Breaking Medicine Technology: