CMS Information Collection Activities: Proposed Collection

Revision of a currently approved collection - Manufacturer Submission of Average Sales Price (ASP) data for Medicare Part B Drugs and Biologicals Section 1847A of the Social Security Act requires that the Medicare Part B payment amounts for covered drugs and biologicals not paid on a cost or prospective payment basis be based upon manufacturers' average sales price data submitted to CMS. CMS will utilize the ASP data to determine the Medicare Part B drug payment amounts.