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What does AMP stand for?

Average Manufacturer Price


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

  • Business, finance, etc.

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Samples in periodicals archive:
The bill includes a delay for the establishment of Medicaid payment limits using average manufacturer price for generic drugs and a delay for the publication of AMP data through Sept.
SELECTED PUBLIC PURCHASER PERCENTAGE OF AVERAGE WHOLESALE PRICE Average Manufacturer Price 80% Medicaid (Net Average) 60.
The formula is based on the average manufacturer price (AMP) from the 2005 Deficit Reduction Act's mandate to find $8.
The PPA required the manufacturer to sell pharmaceuticals to 340B entities for an amount equal to the average manufacturer price in the preceding calendar quarter reduced by a rebate percentage.
And it set the federal upper limit at 250% of average manufacturer price for multiple-source drugs.
When the Medicare Improvements for Patients and Providers Acts of 2008 (MIPPA) became law in July 2008, it included a provision delaying the implementation of Medicaid pharmacy reimbursement cuts, based on the Centers for Medicare and Medicaid Services (CMS) regulation from July 2007, using an average manufacturer price (AMP) formula.
In these two separate reviews, the OIG will conduct studies, including market studies, to determine widely available market prices and average manufacturer prices for Part B drugs and comparing them to the ASP.
Lamberth to postpone the hearing scheduled for February 25 regarding the Medicaid Average Manufacturer Price (AMP) case.

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