It is the policy of the Secretary that program funds which are utilized for the acquisition of drugs be expended in the most economical manner feasible. In furtherance of this policy, the Secretary has established, in 45 CFR part 19, a procedure for determining the Maximum Allowable Cost for drugs which are purchased with program funds.
authority: Sec. 215, Public Health Service Act, 58 Stat. 690 (
42 U.S.C. 216); Sec. 1006, Public Health Service Act, 84 Stat. 1507 (
42 U.S.C. 300a-4), unless otherwise noted
source: 43 FR 52165, Nov. 8, 1978, unless otherwise noted.
cite as: 42 CFR 50.503