What type of data provides information on medication usage for billing purposes?

Utilization data is essential for understanding how medications are used within a healthcare setting and is specifically tailored for billing purposes. It encompasses information about the quantity and types of medications dispensed, the patient population receiving these medications, and the frequency of their use. This type of data is critical for healthcare providers to submit accurate claims to payers, ensuring that they get reimbursed appropriately for the medications provided to patients.

The focus of utilization data on how often and in what manner medications are used directly supports the billing process. It helps providers document their services and justifications for the prescribed treatments.

In contrast, inventory data primarily pertains to the stock levels of medications and supplies available within a facility, rather than how those items are utilized for patient care. Claims data involves the submission of charges and records of medications to payers, while reimbursement data refers to payments received for those claims. While all these data types are crucial in the context of healthcare and the $340B Program, utilization data is specifically geared towards capturing how medications are actually utilized—making it the correct answer for this question.