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Hosptial Pricing: AWP or Cost-Plus???

Hey all,

Anyone out there willing to share their facilities drug pricing policy and pricing formulas. We have a very complicated AWP based process that was probably out of date the day we started using it. I am now looking for alternatives and seems like Cost-plus is the direction most are going these days.

I appriciate any feedback I can get!!!

Have a wonderful week!

Clark

Name of Facility: Billings Clinic

City, State: Billings, MT

Years as a Buyer: 3+ as Business Analyst for Pharmacy

Re: Hosptial Pricing: AWP or Cost-Plus???

We base off of AWP and ours, too, is a complicated formula!

Name of Facility: Fremont Area Medical Center

City, State: Fremont, NE

Years as a Buyer: 35