Pharmacy Benefits and Performance Analysis

Is your Pharmacy Benefit Manager [PBM] acting in your best interests - or theirs?

PBMs often hide their major sources of profit:

  • Charging health plan  sponsors more than  they pay  the pharmacy;
  • Retaining over half the  rebate money from drug manufacturers;
  • Overcharging for generics from their ‘captive’ mail order pharmacies.

PBM Contracts - unless  renegotiated - are generally one-sided.

Benefits are often designed to maximize PBM profits at the expense of health plans and recipients.

PBM Audits

  • Inspect what you expect;
  • PBMs are often sloppy - or worse - in performing in  accord with contracted terms;
  • Recoveries can be  substantial
  • Pharmacy claim-by-claim  audits are feasible since the data is in an industry-standard format.

Our PBM audits are almost always ‘productive’- recovering important dollars for our clients.

Audit & Evaluation Services

Fixed fee evaluation &  overview

Claim by claim audits to validate:

            — Pricing accuracy

            — Eligibility of recipients

            — Adherence to benefit  design

            — Full and timely rebate  payments

            — Correct days supply  dispensed

            — and more.