MMCAP Acronyms/Definitions
340B ................................................................ The federal 340B Drug Pricing Program provides access to
reduced price prescription drugs to healthcare facilities
certified by the U.S. Department of Health and Human
Services as "covered entities"
AB ........................................................................................................................................ Advisory Board
ABC………………………………………………...…AmerisourceBergen (Pharmaceutical Wholesaler)
Acute Care ............................................... Treatment of a disease for only a short period of time in which
a patient is treated for brief but severe episode of illness.
Many hospitals are acute care facilities.
AHFS CODE ......................................................................... American Hospital Formulary Service Code
AMS ..................................................................................................... Acquisition Management Specialist
ANDA .................................................................................................. Abbreviated New Drug Application
ASHP ........................................................................ … American Society of Health-System Pharmacists
BASIS POINTS .................................................................. One hundredth of a percentage point (0.01%),
Wholesalers service fee discounts are based on basis points
BLA .............................................................................................................. Biologics License Application
BPCI Act ................................................................................ Biologic Price and Comparison Act of 2009
CMI ..................................................................................... Center for Medicare and Medicaid Innovation
CMS ......................................................................................... Center for Medicare and Medicaid Services
Or Contact Management Software
COT ....................................................................................................................................... Class of Trade
CPV .......................................................................................................... Cooperative Purchasing Venture
cGMP ............................................................................................ Current Good Manufacturing Processes
DC ...................................................................................................................................Distribution Center
DEA ....................................................................................................... Drug Enforcement Administration
9 digit alpha numeric number assigned to health care providers or facilities to help
enforce the Controlled Substances Act. Often used as a facility identifier instead.
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DOC ...................................................................................................................Department of Corrections
HSCA ............................................................................................. Healthcare Supply Chain Association,
formerly HIGPA – Health Industry Group Purchasing Association. (HIGPA).
FORMULARY DRUGS ............... ………Prescription drugs that a health plan or GPO has approved for
use by doctors. Health plans or GPOs that have formularies
develop their own unique list of “approved drugs” and may
change the list at any time.
FMR………………………………..…Financial Management & Reporting (Minnesota Dept. of Admin)
GAO Report …………………………………………………..U.S. Government Accountability Office,
investigates and reports on all matters relating to the use of public funds.
GCN .......................................... Generic Code Number used to identify the generic formulation of a drug
specific for ingredients, strength, dosage form and route of administration.
GLN………………………………………………………………………………..Global Location Number
is a simple tool used to identify a location and can identify locations uniquely
where required. Locations identified with GLN could be a physical location
such as a warehouse or a legal entity such as a company or customer. GLN is
also used within companies to identify specific locations both electronically in
a database or physically where the GLN can be produced in a bar code or
GSI EPC tag. Numbering system managed by International not-for-profit associations.
GPO…………………………………………………………………….. Group Purchasing Organization.
An entity that leverages the purchasing power of a group of businesses to
obtain discounts from vendors based on the collective buying power of the members
HIBCC ....................................................................... Health Industry Business Communications Council
HIGPA ...............................................................................Health Industry Group Purchasing Association
Now HSCA (Healthcare Supply Chain Association)
HIN ........................................................................................................................ Health Industry Number
Nine character, alpha-numeric identifier that is assigned to every facility,
delivery location, and business activity in the health care chain.
HRSA ....................................................................................Health Resources & Services Administration
manages the 340B program through the Office of Pharmacy Affairs (OPA)
LOC ...........................................................................................................................Letter of Commitment
LOP ........................................................................................................................... Letter of Participation
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LTC ...................................................... Long Term Care is a variety of services which help meet both the
medical and non-medical needs of people with a chronic
illness or disability who cannot care for themselves for
long periods of time. It is common for long-term care to
provide custodial and non-skilled care, such as assisting
with normal daily task. Increasingly, long term care involves
providing a level of medical care that requires the expertise
of skilled practitioners to address multiple chronic conditions.
M&D…………………………………………………..…Morris & Dickson (Pharmaceutical Wholesaler)
MMB……………………………………………………………..……Minnesota Management & Budget
MMCAP ............................................................ Minnesota Multistate Contracting Alliance for Pharmacy
MMD ......................................................................... Materials Management Division/State of Minnesota
NASPO ....................................................................... National Association of State Procurement Officers
NDA .......................................................................................................................... New Drug Application
NDC .............................................................................................................................. National Drug Code
11 digit, 3 segment number identifying manufacturer, labeler, product and packaging
NMC .............................................................................................................. National Member Conference
OAS ....................................................................................................... Office & Administrative Specialist
OC................................................................................................................................. Oral Contraceptives
OLA .......................................................................................................... Office of the Legislative Auditor
OTC ................................................................................................................................... Over the Counter
Own Use....... ……………………………………Product is used within the facility and not distributed to
outside companies or re-sold for profit. Especially on
pharmaceuticals, facilities cannot use their lower prices
on product to compete with community facilities.
P&T……………………………………………………….……Pharmacy and Therapeutics Committee
PBM………………………………………………..Pharmacy Benefits Manager; third party administrator of a
prescription drug program
PCORI ................................................................................. Patient Centered Outcomes Research Institute
Pedigree Law ......................... Requires wholesalers to show the "genealogy" of the drugs they distribute
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PHS .................................................................................................................... U.S Public Health Services
PPV ....................................................................... Pharmaceutical Prime Vendor (Wholesaler/Distributor)
Proprietary Product........................ a product identified as a Single/Sole Source, "brand”, or trade name
PT ............................................................................................................................. Professional/Technical
RFB...................................................................................................................................... Request for Bid
RFP .......................................................................... Request for Proposal (Competitive procurement tool)
SCI ..................................................................................................................... State Correctional Institute
TIERED CONTRACT ............................................ Tiered contracts mean that there is different pricing
depending on class of trade, market share, or some
type of commitment on the facility’s part.
WAC ………………………………………………………………………… Wholesale Acquisition Cost
Price paid by a wholesaler to the manufacturer.
Does not include any rebates, discounts, allowances
or other price concessions offered by the manufacturer.
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