Survey of Retail Prices: Payment and Utilization Rates, and Performance Rankings
Revision of a currently approved collection
No
Regular
Approved with change
05/11/2012
03/05/2012
Prior to renewal or revision of the NADAC survey, CMS must provide OMB with information on the quality of data obtained through this survey and any problems with pharmacy non-response.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
05/31/2015
36 Months From Approved
05/31/2014
30,051
0
51
15,765
0
765
0
0
0
This revision request is for a survey of the average acquisition costs of all covered outpatient drugs purchased by retail community pharmacies. The prices will be updated on at least a monthly basis.
This package is being revised to include a second survey tool to survey the pharmacies. This second survey is entitled "Survey of Retail Community Pharmacy Invoice Prices."
CMS will also develop a National Average Drug Acquisition Cost (NADAC) for States to consider when developing reimbursement methodology. The NADAC is a new pricing benchmark that will be based on the national average costs that pharmacies pay to acquire Medicaid covered outpatient drugs. This pricing benchmark will be based on drug acquisition costs collected directly from pharmacies through a nationwide survey process. This survey will be conducted on a monthly basis to ensure that the NADAC reference file remains current and up-to-date.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.