July 13, 2011
The ASP plus six percent is the fee schedule Medicare uses to reimburse providers for medications provided for Medicare patients. The ASP rate is calculated by determining the average sale price of drugs sold to providers across the country. This rate is computed each quarter. The third quarter rates were released on 06/16/2011.
The ACR has compiled the most common drugs that affect rheumatologists' patients under one table.This can be found under Table 3, it can be viewed at www.rheumatology.org/practice/office/medicare/medicare_table_03.asp. For more information on Medicare fee schedules, contact Melesia Tillman, CPC, CPC-I, CRHC, CHA at firstname.lastname@example.org (404) 633-3777 ext. 820.