Electronic Medical Records (EMR) solutions in healthcare software provide a method for storing the standard medical (and clinical) data collected on a patient. Clinic management software can help you streamline several essential responsibilities for running your practice and increase your profitability. However, if you are not utilizing specialized EMR solutions…

Pharmacy Benefit Managers, or PBMs, are third-party companies that contract with government programs and employer-sponsored health plans to administer drug benefits. PBMs create and manage prescription forms, negotiate reimbursements and contracts with manufacturers, and oversee the processing and payment of drug benefit claims. Recently, some health care experts and advocates…

The mere suggestion of pharmaceutical benefits could worry companies. It is unclear why prescription drug costs are rising so rapidly. Whether Pharmacy Benefit Managers (PBMs) are effectively managing these costs and delivering the value they should. According to the Centers for Medicare & Medicaid Services. The differential pricing practices of…

Develop the optimal pharmacy benefit plan for self-funded clients. You must first understand payers and their influences, then determine how to best position your customers to thrive in the environment we live in. …

Develop the optimal pharmacy benefit plan for self-funded clients. You must first understand payers and their influences, then determine how to best position your customers to thrive in the environment we live in. …

Employers are increasingly being pulled in many directions when it comes to benefits. Maintaining employee engagement and happiness while controlling expenses is a significant challenge for many organizations. This is not an easy task, especially when it comes to the rising cost of benefits. Pharmacy benefits are the most frequently…

Pharmacy Benefit Management (PBM) is a reality in the healthcare industry and has become an essential part of palliative care over the past 15–20 years. Hospices must pay for all patient prescriptions related to a palliative care diagnosis, highlighting the importance of negotiation and the purchasing power of a PBM. …

Pharmacy Benefit Managers (PBMs) are your advocates in the healthcare system, helping patients and payers reduce prescription drug spending. PBMs administer prescription drug plans for more than 266 million Americans who have health insurance through a variety of sources, including commercial health plans, self-insured employer plans, union plans, Medicare Part…

Pharmacy Benefit Management (PBM) is a reality in the healthcare industry and has become an essential part of hospice care over the past 15–20 years. Hospices must pay for all patient prescriptions related to a hospice diagnosis, highlighting the importance of negotiation and the purchasing power of a PBM. In…