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abbreviation to define
  

Examples: NFL, NASA, PSP, HIPAA, random
Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does AAC stand for?

Actual Acquisition Cost


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other meanings of AAC

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Accessibility Advisory Committee (various locations)
Accordion Association of Calgary
Account Activity Code
Acculink Access Controller (AT&T)
Accurate Automation Corporation
Acer America Corp. (San Jose, CA)
Acquisition Advice Code
Action against Crime (various locations)
Action Alliance for Children
Activity Address Code
Actual Audible Chuckle (chat)
Adaptive Antenna Control
Adaptive Arithmetic Coding
ADC Access Concentrator (Kentrox)
Adjusted Asphalt Content
ADP (Adenosine Diphosphate)/ATP (Adenosine Triphosphate) Carrier (protein)
Advance Acquisition Contract (US DoD)
Advance Audio Coding
Advanced Access Control (computing)
Advanced AERA Concepts



Samples in periodicals archive:
Additional approaches include: increased monitoring of actual prices either by requiring pharmacies to report actual acquisition costs or requiring manufacturers to report net prices; "sequential formulary listing," i.
Medicare's payment is substantially more than the actual acquisition costs of hemophilia treatment centers (HTC) and homecare companies, which provide a majority of Medicare beneficiaries with clotting factor.
In a March 2 report, Medicaid Pharmacy -- Actual Acquisition Cost of Generic Prescription Drug Products, Inspector General Janet Rehnquist said most states use an average wholesale price (AWP), minus a percentage discount that varies state by state, as a basis for reimbursing pharmacies for drug prescriptions.
The report also calls on the Centers for Medicare and Medicaid Services (CMS) to require states to "bring pharmacy drug reimbursement more in line with the actual acquisition cost of brand name drugs.
Second, there is the matter of calculating actual acquisition cost.
If states do not adjust their payment rates, "reimbursement will be artificially reduced by about 4% below the states' best estimate of pharmacies' actual acquisition costs.
Actual acquisition costs would be net of all discounts and rebates provided by the CAP contractor's own suppliers.
The report also calls on the Centers for Medicare and Medicaid Services (CMS) to require states to bring pharmacy drug reimbursement more in line with the actual acquisition cost of brand name drugs.

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