GlossaryOEP

Order Entry & Processing Glossary

Key terms covering prescription intake, order entry, the fill process, labeling, packaging, compounding, inventory, billing, reimbursement, and pharmacy calculations for the PTCE Order Entry & Processing domain.

This glossary covers the core vocabulary for the Order Entry and Processing domain, which makes up about 22.5% of the scored PTCE. This domain focuses on the operational and technical side of moving a prescription from intake to the patient.

Adjudication
The process by which a third-party payer (such as an insurance plan) reviews and responds to a submitted prescription claim, determining whether it will be paid, rejected, or requires further action.
AWP (Average Wholesale Price)
A benchmark price used in the pharmaceutical industry, often as a reference point for calculating drug reimbursement, though it does not necessarily reflect the actual price paid by a pharmacy.
Bin Number
A number found on a patient's insurance card that identifies the specific processor or payer system used to route a pharmacy claim electronically.
Compounding
The process of combining, mixing, or altering ingredients to create a customized medication for an individual patient's needs, performed under a pharmacist's supervision.
Copay
The fixed dollar amount a patient is required to pay out of pocket for a prescription under their insurance plan.
Coinsurance
The percentage of a prescription's cost that a patient is responsible for paying after any deductible has been met, as opposed to a fixed copay amount.
Day Supply
The number of days a prescribed quantity of medication is expected to last a patient, calculated based on the dose and dosing frequency.
DAW (Dispense As Written)
A code entered on a prescription claim indicating whether a brand-name drug must be dispensed as written or whether a generic substitution is permitted.
Deductible
The amount a patient must pay out of pocket for covered services or prescriptions before their insurance plan begins to pay.
DUR (Drug Utilization Review)
A review process, often built into pharmacy software, that evaluates a prescription for issues such as drug interactions, therapeutic duplication, incorrect dosing, or allergy conflicts before it is dispensed.
Extemporaneous Compounding
The preparation of a customized medication at the time it is needed, based on a specific prescription, rather than in advance or in bulk.
Extraction Ratio
A calculation used in compounding to determine the amount of active drug that can be recovered from a commercially available dosage form for use in a compounded preparation.
Formulary
A list of prescription drugs, both generic and brand name, that are approved for coverage by a specific health insurance plan.
Group Number
A number on a patient's insurance card that identifies the specific employer or organization group associated with their health plan, used during claim adjudication.
Inventory Turnover
A measure of how many times a pharmacy's stock of a drug is sold and replaced over a given period, used to help manage purchasing and reduce waste.
Lot Number
A unique identifier assigned by the manufacturer to a specific batch of a drug product, used for tracking, recalls, and quality control.
National Drug Code (NDC)
A unique, FDA-assigned numeric identifier for a specific drug product, including its manufacturer, product, and package size, used for billing, inventory, and identification.
Order Entry
The process of entering a prescription or medication order into the pharmacy computer system, including patient, drug, and prescriber information.
Original Prescription (or "Hard Copy")
The physical or original electronic record of a prescription as written by the prescriber, retained by the pharmacy for recordkeeping purposes.
OTC (Over-the-Counter)
A drug product that does not require a prescription and can be purchased directly by a consumer.
PA (Prior Authorization)
A requirement from an insurance plan that a prescriber obtain approval before a specific medication will be covered, often used for high-cost or non-formulary drugs.
Par Level
The minimum quantity of a particular drug or supply that a pharmacy aims to keep in stock at all times, used to trigger reordering.
PBM (Pharmacy Benefit Manager)
A third-party company that administers prescription drug benefits on behalf of health insurers, employers, and government programs, including processing claims and managing formularies.
Perpetual Inventory
An inventory tracking system, often required for controlled substances, that continuously updates stock counts in real time as products are received and dispensed.
Point of Sale (POS)
The system used at checkout to process a customer's payment and complete a transaction, including prescription pickups.
Prescription Label
The printed label affixed to a dispensed medication container that includes information such as the patient's name, drug name, strength, directions for use, and prescription number.
PCN (Processor Control Number)
A secondary identifier found on an insurance card, used alongside the BIN number, to help route a pharmacy claim to the correct plan for adjudication.
Reconstitution
The process of adding a diluent, such as sterile water, to a powdered medication to prepare it in liquid form for dispensing or administration.
Refill
An additional dispensing of a medication under an existing prescription, authorized by the original prescriber up to a specified number of times.
Reimbursement
The payment a pharmacy receives from a third-party payer for a dispensed prescription claim.
Repackaging
The process of transferring a drug from its original manufacturer container into a different container, such as a unit-dose package, for dispensing purposes.
Rejected Claim
A prescription claim that is denied by the third-party payer during adjudication, often due to issues such as prior authorization requirements, refill-too-soon edits, or coverage exclusions.
Sig (Signa)
The portion of a prescription that provides the directions for use, telling the patient how to take the medication.
Specific Gravity
A calculation used in pharmacy compounding that compares the density of a liquid ingredient to the density of water, used to convert between weight and volume measurements.
Third-Party Payer
An entity, such as an insurance company or government program, that pays for all or part of a patient's prescription cost on their behalf.
Titration
The gradual adjustment of a medication's dose, typically increased or decreased over time, to reach an optimal therapeutic effect while minimizing side effects.
Triturate
To grind a substance, such as a tablet, into a fine powder as part of the compounding process.
Unit Dose
A packaging system in which a single dose of medication is individually packaged and labeled, commonly used in institutional pharmacy settings.
Volume of Distribution
A pharmacokinetic value that describes the extent to which a drug distributes into body tissue relative to the blood plasma concentration.
Wholesaler
A company that purchases drug products from manufacturers in bulk and distributes them to pharmacies.

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