Section 531.0701 - [Repealed Effective 4/1/2025] Value-Based Arrangements(a) In this section, "manufacturer" has the meaning assigned by Section 531.070.(b) Subject to Section 531.071, the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.Tex. Gov't. Code § 531.0701
Repealed by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 769,Sec. 3.01, eff. 4/1/2025.Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 272,Sec. 1, eff. 9/1/2019.