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Chapter 5

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
What is the PDMA?   show
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show 503  
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What are the 2 classifications of wholesale distributors?   show
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show 1)Cardinal Health 2)McKesson HBOC 3)AmerisourceBergen  
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show Any distributor of a prescriptions drug that has a written agreement with the manufacturers and also conducts at least 2 transactions with in 24 months.  
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show Published wholesale price or "list price" suggested by the manufacturer of the drug.  
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show Combination of drop-ship and dock-to-dock delivery services by wholesalers. Wholesalers do not bring the product into their warehouse.  
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show The term refers to the early payment discounts and other earned or negotiated rebates and discounts received by wholesalers from drug manufacturers.  
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show A company that owns and operates 4 or more pharmacies. Walgreens, CVS etc do count.  
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Vocab: Dock-to-Dock Delivery   show
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Vocab: Drop Shipment   show
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Vocab: Float   show
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Vocab: Group Purchasing Organization (GPO)   show
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Vocab: In-State Wholesaler   show
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show A company that owns and operates three or fewer pharmacies.  
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show A financial and management structure that unites hospitals, physicians, ambulatory care sits, and managed care plans through ownership or exclusive agreements to provide a system to deliver a continuum of healthcare services.  
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show aka Healthcare delivery network (IHDN), integrated delivery system (IDS), or Integrated healthcare system (IHS).  
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Vocab: Mail-Order Pharmacy   show
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show The type of sale that bypassed the need for any intermediary distributor. The product is sold and shipped directly by the manufacturer to the dispenser.  
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Vocab: Mass Merchandiser   show
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Vocab: Non-stock sales   show
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Vocab: Out-of-state Wholesaler   show
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show Entity that administers the prescription drug part of health insurance plans on behalf of plan sponsors, such as self insured employers, insurance companies, and HMO's.  
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show The amount that the manufacturer of the drug pays to an insurer or health plan for each unit of drug dispensed. aka "aftermarket arrangements."  
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Vocab: Self-warehousing   show
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Vocab: Sell-Side Margin   show
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show The percentage fee that is paid by the dispenser to the wholesaler for the cost of distribution.  
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