PBMs: Understanding and Knowing How to Work with a PBM is Must in Today’s Pharmacy World

Pharmacy Benefit Managers (or PBMS) process and pay prescription drug claims and are responsible for creating and updating a health plan’s formulary. These duties vest significant power in the PBM. Couple that with the ability to control who can be part of the PBM’s network, and the PBM is in the driver’s seat. It is important that pharmacies understand how a PBM works and what the pharmacy’s rights and responsibilities are in any relationship with a PBM.

This webinar will discuss how to work with a PBM to insure a good relationship.  It will also discuss steps to mitigate problems when the relationship goes awry.