CMS announced that it is hosting a stakeholders meeting on Part II of the "Survey of Retail Prices: Payment and Utilization Rates, and Performance Rankings" contract that went into effect in July 2011. Part II of this contract requires the development of the “Retail Community Pharmacy Ingredient Costs” -- a National Average Drug Acquisition Cost (NADAC) process for states to consider for use in setting pharmacy reimbursement rates. The meeting will be held on August 4, 2011 at CMS's Central Office located in Baltimore, Maryland from 9:00 am –noon EDT (call-in is also available). Registration is required by August 1.