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DC110 Pharmaceutical Analysis and Auditing
Description: During this module, we will discuss how to audit pharmacy invoices through contract incongruities, average wholesale price (AWP) variances, and supplier keying mistakes in order to save thousands. To further illuminate this topic, we will explore case studies and reviews of common mistakes and the costliness of un-audited payments.
You will learn:
110.1. Understand how to conduct a pharmacy contract analysis.
110.1.1. Define what is meant by a pharmacy per diem rate.
110.1.2. Explain generic pricing formulary.
110.1.3. Explain brand formulary.
110.1.4. Explain intravenous pricing per diem formulary.
110.1.5. Explain over the counter drug pricing.
110.1.6. Define restocking fees.
110.1.7. Explain unit price or blister pack.
110.2. Understand how to audit pharmacy invoices through contract incongruities, AWP variances, as well as supplier keying mistakes.
