AMCP Announces Drug Payment Methodologies Resource Library.

ALEXANDRIA, Va. -- The Academy of Managed Care Pharmacy today announced that it has developed and placed on its website a searchable interactive database offering access to articles and documents that examine drug product payment systems in use in the United States today, such as average wholesale

Judith Cahill, executive director of the Academy, said, "We believe this web-based library will be an invaluable resource for our members and for public policy makers who are studying the changing dynamics of how drugs are paid for in various public programs and the private market." The materials in the database were used to develop a white paper the Academy will shortly release describing these existing payment systems, and the potential impact of proposed changes to these systems, now that the AWP methodology is under serious scrutiny and will likely be replaced.

The majority of the documents in the library reside in the public domain. The collection, which the Academy will periodically update, currently includes excerpts from approximately 280 resources. Materials were gathered from think tanks, public entities, associations, private organizations, news sources, professional journals and academic sources. Where copyright owners control access, hotlinks point to the websites in which resources are housed. Where AMCP was able to secure permission, direct access has been provided. Look for Drug Payment Methodologies under Public Policy & Advocacy on the AMCP website, www.amcp.org.

The Academy of Managed Care Pharmacy (AMCP) is a national professional association of pharmacists and other health care practitioners who serve society by the application of sound medication management principles and strategies to improve health care for all. The Academy's 5,000 members develop and provide a diversified range of clinical, educational and business management services and strategies on behalf of the more than 200 million Americans covered by a managed care pharmacy benefit. More news and information about AMCP can be obtained on its website, at www.amcp.org.