Texas Government Code - GOV'T § 531.0701. Value-Based Arrangements
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(a) In this section, “manufacturer” has the meaning assigned by Section 531.070.
(b) Subject to Section 531.071, the commission may enter into a value-based arrangement for the Medicaid vendor drug program by written agreement with a manufacturer based on outcome data or other metrics to which this state and the manufacturer agree in writing. The value-based arrangement may include a rebate, a discount, a price reduction, a contribution, risk sharing, a reimbursement, payment deferral or installment payments, a guarantee, patient care, shared savings payments, withholds, a bonus, or any other thing of value.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 531.0701. Value-Based Arrangements - last updated April 14, 2021 | https://codes.findlaw.com/tx/government-code/gov-t-sect-531-0701/
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