Benefits Auditing

Accounting Firm Required Pharmacy Expertise

IndustryBenefits Auditing
ProblemA Top Ten accounting firm sought out PHSI for insight and assistance in the auditing process of a prescription benefits plan. The audit process required expert knowledge on prescription claims and manufacturer rebates.
PHSI SolutionPHSI collaborated on a strategic action plan to identify critical elements to review when examining prescription claims and rebates. PHSI assisted in reviewing claims while on site with the benefit manager and provided expert opinions on the prescription benefits plan. PHSI offered guidance throughout the entire auditing process and contributed to the final written reports to ensure accuracy.
ResultsThe knowledge and experience offered by PHSI allowed the auditing process to be accomplished more efficiently and leveraged the accounting firm’s resources.