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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