Pills in blister packages
Amid growing dissatisfaction with the jumbo traditional Pharmacy Benefit Managers (PBMs), largely driven by hidden fees, rebate-driven pricing and a lack of transparency, industry stakeholders are no longer waiting for change. They are shedding existing relationships and proactively contracting with alternative PBM models that offer more attractive pricing and quality transparency.
Throughout the industry, self-insured employers seeking cost control, health systems integrating PBM services, independent pharmacies advocating for fair reimbursement and government agencies prioritizing affordability increasingly recognize the opportunities for making the switch. By eliminating unnecessary intermediaries and improving data visibility, they can take control of their pharmacy benefits while reducing costs and improving patient care.
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