This HTML5 document contains 33 embedded RDF statements represented using HTML+Microdata notation.

The embedded RDF content will be recognized by any processor of HTML5 Microdata.

Namespace Prefixes

PrefixIRI
dctermshttp://purl.org/dc/terms/
dbohttp://dbpedia.org/ontology/
foafhttp://xmlns.com/foaf/0.1/
n14https://global.dbpedia.org/id/
dbthttp://dbpedia.org/resource/Template:
rdfshttp://www.w3.org/2000/01/rdf-schema#
rdfhttp://www.w3.org/1999/02/22-rdf-syntax-ns#
owlhttp://www.w3.org/2002/07/owl#
wikipedia-enhttp://en.wikipedia.org/wiki/
dbchttp://dbpedia.org/resource/Category:
provhttp://www.w3.org/ns/prov#
dbphttp://dbpedia.org/property/
xsdhhttp://www.w3.org/2001/XMLSchema#
wikidatahttp://www.wikidata.org/entity/
dbrhttp://dbpedia.org/resource/

Statements

Subject Item
dbr:Average_wholesale_price
rdfs:label
Average wholesale price
rdfs:comment
In the United States, the average wholesale price (AWP) is a prescription drug term referring to the average price for medications offered at the wholesale level. The metric was originally intended to convey real pricing information to third-party payers, including government prescription drug programs. Commercial publishers of drug pricing data such as Red Book have published AWP data since at least 1970. The pricing information is "based on data obtained from manufacturers, distributors, and other suppliers." However, despite the data source, published AWPs are generally inflated by 20% relative to actual market prices or wholesale acquisition cost for prescription drugs.
dcterms:subject
dbc:Drug_pricing dbc:Wholesaling dbc:Pharmacy_in_the_United_States dbc:Pharmaceutical_industry
dbo:wikiPageID
8626092
dbo:wikiPageRevisionID
931310404
dbo:wikiPageWikiLink
dbr:Distributor_(business) dbr:Health_care_in_the_United_States dbc:Pharmaceutical_industry dbc:Drug_pricing dbr:National_Average_Drug_Acquisition_Cost dbr:Reimbursement dbr:Non-disclosure_agreement dbr:Consumer_protection dbr:Average_price_per_unit dbc:Wholesaling dbr:Wholesale_acquisition_cost dbr:Prescription_drug_prices_in_the_United_States dbr:Wholesaling dbr:Pharmaceutical_manufacturer dbr:Market_price dbr:Average_Manufacturer_Price dbr:Prescription_drug dbc:Pharmacy_in_the_United_States
owl:sameAs
wikidata:Q4828254 n14:4UHvd
dbp:wikiPageUsesTemplate
dbt:Reflist
dbo:abstract
In the United States, the average wholesale price (AWP) is a prescription drug term referring to the average price for medications offered at the wholesale level. The metric was originally intended to convey real pricing information to third-party payers, including government prescription drug programs. Commercial publishers of drug pricing data such as Red Book have published AWP data since at least 1970. The pricing information is "based on data obtained from manufacturers, distributors, and other suppliers." However, despite the data source, published AWPs are generally inflated by 20% relative to actual market prices or wholesale acquisition cost for prescription drugs. For decades, AWP has been used to determine third-party reimbursement throughout the health care industry because third party payers have no other reliable method of obtaining real market prices as most contracts contain confidentiality clauses. Reimbursement amounts are typically based on AWP minus some percentage. As a result of published AWPs often exceeding real prescription drug prices, many states have brought lawsuits against pharmaceutical manufacturers and others, alleging fraud and violations of consumer protection laws.
prov:wasDerivedFrom
wikipedia-en:Average_wholesale_price?oldid=931310404&ns=0
dbo:wikiPageLength
2924
foaf:isPrimaryTopicOf
wikipedia-en:Average_wholesale_price