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Pharmacy Benefit Management Services in the US - Procurement Research Report

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    Report

  • 33 Pages
  • May 2022
  • Region: United States
  • IBISWorld
  • ID: 4579178
A pharmacy benefit management (PBM) provider is a third-party company that manages the sale and distribution of government and employer-sponsored prescription drugs. In addition to processing prescription drug claims, PBM firms develop and maintain formulary. PBM providers leverage their size to contract with pharmacies and negotiate discounts and rebates with pharmaceutical manufacturers. This report is intended for buyers with fully funded insurance and is not tailored to self-insured employers. Common buyers of PBM services include health insurance carriers, pharmacies, and healthcare facilities.

Overview of Report:


EXECUTIVE SUMMARY


PRICE ENVIRONMENT

  • Price Fundamentals
  • Price Drivers
  • Recent Price Trend
  • Price Forecast

PRODUCT CHARACTERISTICS

  • Product Life Cycle
  • Total Cost of Ownership
  • Product Specialization
  • Related Goods
  • Substitute Goods
  • Regulation
  • Quality Control

SUPPLY CHAIN & VENDORS

  • Supply Chain Dynamics
  • Competitive Environment
  • Market Profitability
  • Switching Cost

PURCHASING PROCESS

  • Buying Basics
  • Key RFP Elements

NEGOTIATION STATISTICS


BUYER POWER SCORE COMPONENTS


JARGON & GLOSSARY

Methodology

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