AWP R.I.P.? First DataBank, Medi-Span Institute Price Reporting Changes
This article was originally published in The Pink Sheet Daily
Wholesalers have stopped participating in pricing surveys, so First DataBank is replacing "Blue Book" average wholesale price with alternative benchmark price based on wholesale acquisition cost mark-up. Medi-Span will continue to offer AWP, but will note whether it is based on historical surveys or a standard mark-up.
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Pricing data publisher does not expect to stop publishing “Blue Book” AWPs unless regulatory or industry guidelines lead to better reporting of wholesaler acquisition cost and other prices.
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