10 Tips for Tackling a PBM Contract Negotiation
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The program will begin with an overview of the pharmacy supply chain, with payment structures that have become much more complex than simply a patient paying a retailer for a drug, who pays a manufacturer for the product. A deep-dive look at the typical PBM business model will help with understanding contract pitfalls and challenges, as well as best-in-class protocols for achieving an optimal PBM service agreement that aligns with the best interests of the plan sponsor. A summary of the current PBM vendor landscape will also be provided.