ASP Reporting
CMS will host a webinar on Thursday, December 5, 2024, at 1:00 p.m. EST, for manufacturers of Refundable Drugs in the Medicare Part B Discarded Drug Program. This session is designed to provide an overview of the Discarded Drug Program and provide instructions on how to access Discarded Drug Refund Reports and pay refund amounts due in the Manufacturer Payment Portal (MPP). Sign up now: Webinar Registration.
All Part B drug manufacturers report Average Sales Price (ASP) data for Part B-covered drugs and biologicals and related items, services, supplies, and products that are paid as drugs or biologicals. Report this information to CMS for calendar quarters starting January 1, 2022.
Part B Drug Manufacturers must calculate ASP each calendar quarter and submit it within 30 days of the close of the quarter.
2024 Quarter | Close of Quarter | Close of the Submission Window |
---|---|---|
First | March 31, 2024 | Tuesday, April 30, 2024 |
Second | June 30, 2024 | Tuesday, July 30, 2024 |
Third | September 30, 2024 | Wednesday, October 30, 2024 |
Fourth | December 31, 2024 | Thursday, January 30, 2025 |