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Optimal has partnered with CoverMyMeds to receive prior authorization requests, saving you time and often delivering real-time determinations. Visit go.covermymeds.com/OptumRx to begin using this
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AMP (Average Manufacturer Price) is a calculation utilized by manufacturers to calculate their average price for prescription drugs sold to retail pharmacies.
Manufacturers of prescription drugs are required to file AMP reports to the Centers for Medicare and Medicaid Services (CMS).
AMP reports are typically filled out electronically through the CMS's designated reporting system following specific instructions provided by CMS.
The purpose of AMP reporting is to ensure transparency in drug pricing and to determine the appropriate rebates owed to the government under Medicaid programs.
AMP reports must include detailed information on the prices at which prescription drugs are sold, as well as any discounts, rebates, and other payments made in relation to those sales.
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