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Acronymfinder

What does CAP stand for?

CAP stands for Competitive Acquisition Program (Medicare; US DHHS)


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

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  • Business, finance, etc.

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We have 1493 other definitions for CAP in our Acronym Attic

Samples in periodicals archive:

com/cgi-bin/prnh/20100517/DA06089LOGO) After several years of relative quiet on the brown-bagging front [since the attempt of Medicare with the Competitive Acquisition Program (CAP)], Mandatory Vendor Imposition (MVI), also referred to as brown-bagging, is making its way back to the marketplace.
In addition to the physician pay and mental health provisions of the bill, Congress made controversial cuts to Medicare Advantage, authorized increased bonus payments under the PQRI, and delayed implementation of the Competitive Acquisition Program for durable medical equipment.
The Company's previous guidance took into account anticipated reductions in payment amounts for respiratory drugs arising from continued fluctuations in average sales price data used by the Centers for Medicare and Medicaid Services to establish quarterly payment rates and from mandated adjustments to the calculation methodology used to price such drugs effective April 1, 2008, the continuing effect of changes in the payment methodology for items of durable medical equipment in the capped rental payment category which began to take effect in 2007, the impact from the commencement of a competitive acquisition program in ten large metropolitan markets beginning on July 1, 2008 and a 0.
Revenue declines in lower margin business were expected due to the previously announced elimination of the Medicare Competitive Acquisition Program ("CAP") and the termination of the United Health Group ("UHG") organ transplant and HIV/AIDS contracts, the impact of the industry-wide AWP settlement, partially offset by increased sales of higher margin infusion therapies and other specialty sales.
The Medicare reimbursement changes included in this preliminary estimate include anticipated reductions in payment amounts for inhalation drugs arising from continued fluctuations in average sales price data used by the Centers for Medicare and Medicaid Services to establish quarterly payment rates and from recently mandated adjustments to the calculation methodology used to price such drugs taking effect on April 1, 2008, the continuing effect of changes in the payment methodology for items of durable medical equipment in the capped rental payment category which began to take effect in 2007, the impact from the commencement of a competitive acquisition program in ten large metropolitan markets beginning on July 1, 2008 and a 0.
Revenue declines were expected due to the previously announced elimination of the Medicare Competitive Acquisition Program ("CAP") effective December 31, 2008 and the termination of the United Health Group ("UHG") organ transplant and HIV/AIDS contracts, partially offset by increased sales of higher margin infusion therapies and other specialty sales.