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Inventory & Billing
| Question | Answer |
|---|---|
| Adjudication | Electronic insurance billing for medication payment. |
| AWP | The average price at which a drug is sold. |
| Closed Formulary | A formulary where medication is tightly restricted to those provided in the formulary list. |
| Co-Pay | The portion of the bill that the patient is responsible for paying. |
| Drug Topics Red Book | Reference book listing NDC numbers, manufacturers, and Average Wholesale pricing of drug products. |