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Monday, August 18, 2014

Getting to Know PBIRx®!

PBIRx®
Intelligent Solutions in Pharmacy Benefits
612 Wheelers Farms Road, Milford, CT 06461
(888) 797-2479

As an entity that provides benefits to its employees or members, it's important to make sure that your plan covers several medical categories to ensure optimal health care coverage. In today's medical field, the demand for high cost specialty drugs and prescription medications specifically is continuing to rise. Managed Care Plans, Hospitals, Employer Groups, Unions and Third Party Administrators are eager to work with companies that can help them to reduce and optimize their growing pharmacy spend. In fact, today, pharmacy costs represent approximately 40% of total health care costs!

Since pharmacy costs make up a significant portion of health care costs, many entities recognize the importance of offering pharmacy benefits to their employees or members. However, as the costs of specialty drugs continue to rise, so do the costs of the pharmacy benefits that may be included in your plan.

This is where we come in! At PBIRx, our experienced, diverse and educated team of consultants will work with you to reduce your pharmacy benefit costs without sacrificing any health care outcomes or opportunities. To assist you with your pharmacy benefit plans, we offer the following services here at PBIRx:
  • Pharmacy Benefit Consulting
  • Pharmacy Benefit Auditing (AuditRx®)
  • Pharmacy Benefit Actuarial Services, including Clinical Technology Intelligence and Dynamic Clinical Integration
  • Third Party 340B HRSA Compliance Audits
  • First Fill Optimization
In each of these services, we work closely with our clients to provide customized solutions that help reduce and control pharmacy costs in their health plans. Using robust technology, along with a staff that includes actuaries, financial analysts, clinical pharmacists, attorneys, HIPAA Compliance Officers and other experts in the pharmacy benefit management industry, we evaluate your current pharmacy benefit plan and devise a strategic plan that reduces overall costs while maintaining the benefits your employees/members currently receive, resulting in positive and lower costing healthcare outcomes.

For more information on how we can help, visit us at www.pbirx.com or give us a call at (888) 797-2479. Also, be sure to LIKE us on Facebook and FOLLOW us on Twitter to stay up to date with the latest news in the pharmaceutical industry and pharmacy benefit cost savings opportunities.

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