mjewett
Guru
Could any of you explain this to me?
We spend at least 3-4 times more on injectables when we order our supplies, than what we are being reimbursed by carriers who's fees are based on Average Sales Price, (ASP).
For example code J0696 Rocephin 250mg costs us $17.50 from supplier. Insurance carrier pays based on ASP and allows payment of .95
Does this mean we are getting ripped off by the supplier and should shop around for a better price? Is Average Sales Price, what it costs the manufacturer, then it's marked up when sold by the suppliers???? Or is this just the way it is and providers are expected to just take a loss on injectables? I'm I missing something here?
Thanks in Advance,
We spend at least 3-4 times more on injectables when we order our supplies, than what we are being reimbursed by carriers who's fees are based on Average Sales Price, (ASP).
For example code J0696 Rocephin 250mg costs us $17.50 from supplier. Insurance carrier pays based on ASP and allows payment of .95
Does this mean we are getting ripped off by the supplier and should shop around for a better price? Is Average Sales Price, what it costs the manufacturer, then it's marked up when sold by the suppliers???? Or is this just the way it is and providers are expected to just take a loss on injectables? I'm I missing something here?
Thanks in Advance,