PHSI Helps PBM Develop a Pharmacy Network Contracting Strategy
| Industry | Managed Care/ PBM |
| Problem | A PBM wanted to expand its presence in the Workers’ Compensation arena and negotiate more aggressive pharmacy network rates to become more competitive. |
| PHSI Solution | PHSI researched the Workers’ Compensation market and recommended several network contracting options for consideration. |
| Results | The client was able to select and implement a pharmacy network strategy improving pharmacy network rates. |
Poll Results
August 2023 Question of the Month
What steps do you take when learning about an electronic prescribing challenge?
Root cause analysis: 0%
Compendia review: 0%
Engage a partner: 0%
All of the above: 50%
None of the above: 50%
July 2023 Question of the Month
Does your organization have a strategy for Humira biosimilar launches?
Yes, well defined: 0%
We have a framework: 50%
Waiting for clarity: 0%
No: 0%
Unaware of need: 50%
June 2023 Question of the Month
How far in advance of NDA/BLA expected approval do (or should) manufacturers begin planning their compendia submission strategy?
During Phase II Trials: 0%
Initiation of Phase III Trials: 66%
6 months prior to approval: 33%
3 months prior to approval: 0%
At time of approval: 0%
After approval: 0%
No strategy: 0%
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