SERVICES
State Price Transparency Reporting (SPTR)
Program Services
Prescription Analytics provides turnkey services for complying with all state level price reporting requirements. Services include but are not limited to the following:
- Track state price reporting requirements
- Integrate with client product pricing team
- Provide required impact analytics related to contemplated pricing and price adjustments
- Prepare and submit required notifications to state regulatory authorities
Our Role:
Track Requirements
Communicate Changes
MonitorPortfolio
SubmitReports
Ensure Compliance
Business Activities with Reporting Requirements
Enacted regulations across 20+ states include reporting requirements for pharmaceutical manufacturers across the following areas:
- New approvals of NDA/BLA products
- New high WAC drug launches
- Price increases (thresholds for reporting vary by state)
- Advanced notice for price increases
- Ongoing disclosure of prices (WAC or AMP)
Key Insights
For more information regarding our State Price Transparency Reporting services, contact our team of experts today.
