is the date on which the Inventory Stock was adjusted.

indicates the average quantity of inventory on hand during a specific period.

Average Wholesale Price is a benchmark used to provide a reference point for the pricing of prescription drugs. AWP represents the average price at which wholesalers purchase drugs from manufacturers.

(BOH) refers to the actual quantity of drugs currently in inventory stock.

denotes the adjustment to the inventory that results in a change to the balance on hand.

represents the income earned by the Covered Entity during the period in question. It equals the total Covered Entity revenue minus the total Covered Entity expense.

indicates the current quantity of drugs in the chosen inventory group of the pharmacy and covered entity.

indicator shows the average time it takes to dispense an NDC’S inventory within the inventory group.

is the name of the company that supplies drugs to Pharmacies and Covered Entities from Manufacturers.

shows the number of drug units in the inventory at the end of the selected period.

is the amount of money Covered Entity makes after considering all the costs associated with selling the products.

is a “bucket” of drugs associated with a single Covered Entity that a Pharmacy may dispense to the Patients it serves.

refers to the quantity of NDC within a specific inventory group

is any firm that manufactures (including repackers or relabelers) or distributes (under its own name) the NDC.

(National Drug Code) is a unique, three-segment number, separated by hyphens (Labeler Code – Product Code – Package Code), which serves as a universal product identifier for drugs.

are the amount of copay that some Covered Entities pay for patients.

indicates the number of units of a particular drug in an inventory group after the adjustment.

is the number of new unique patients who had their first-ever fill during a specific period.

shows the count of Rxs that are not refills, i.e., the very first fill for a prescription.

encompass copayments contributed by auxiliary insurance providers and the patients themselves.

is the Insurance entity that covers the price of prescription drugs

represents the total sum approved by the insurer during adjudication.

Pharmacy Benefit Manager is a third-party entity that acts as intermediaries between health plan sponsors, pharmacies, and pharmaceutical manufacturers, helping to ensure cost-effective and efficient access to prescription medications for plan members.

are an amount charged to a Covered Entity each time a covered drug is dispensed by filling a prescription.

bank identification number on the health insurance card) is the first insurance provider to receive the prescription claim.

indicates the number of units of a particular drug in an inventory group before the adjustment.

is the name of the drug chosen by the labeler/manufacturer.

is a person who is trained and licensed to give health care. Also, a place that is licensed to give health care. Doctors, nurses, and hospitals are examples of healthcare providers.

is a measurement of how often a Covered Entity or Pharmacy purchases a drug from a distributor/wholesaler.

is a description of the reason for the inventory adjustment.

A financial incentive offered by a pharmaceutical manufacturer, rebates is a percentage of the medication’s list price. Rebates are used to reduce the overall cost of medications for payers.

is a price that includes any payments by insurance companies or patients.

indicates the number of drug units in the inventory at the beginning of the selected period.

is the number of drug units added to the inventory during the selected period.

is the number of drug units removed from the inventory during the selected period.

describes the type of adjustment made to inventory. There are several different forms of adjustments, including returns, dispensed, received, correcting, manual, verify, replace, inventory, expired, and multiple. The multiple adjustment type denotes the potential for two or more adjustment types, such as manual, corrective, and return.

is a grouping of medications by the pathology they are used to treat.

shows the total count of Rx prescriptions. This includes the initial fill and subsequent refills.

are the number of patients that filled out a prescription during the selected period.

The Wholesale Acquisition Cost, is a pricing benchmark used to represent the manufacturer’s list price for a medication when sold to wholesalers, pharmacies, or other large purchasers.