RxBenefits, a full-service pharmacy benefits advisory firm, introduces its tailored and flexible approach to managing hospital pharmacy benefits. Contacts For RxBenefits Nicole Wyatt, 205-588-2327 ...

If a hospital can fully leverage these types of in-house capabilities, it can have a dramatic effect on the hospital’s overall employee pharmacy benefit budget.

The choice of how to manage pharmacy benefits can make a big difference in the total cost and outcome of care. ... For example, some drug infusions could be done in a hospital, in a clinic, ...

Those of us who work in health care are well aware of the unsustainable trajectory of national health care spending. Health care expenditures in the United States grew 4.6% to $3.6 trillion in ...

The growing demand for PBM insourcing. For decades, the three largest PBMs have dominated the market, controlling 70% of pharmacy benefits nationwide. Yet, dissatisfaction with their services has ...

Managing the rising cost of prescription drugs is no easy task for any organization. According to research from Buck Consultants in 2014, employer-sponsored plans spent about 18 percent of their ...

Highmark plan sponsors who offered integrated medical and pharmacy benefits are seeing notable savings compared to those with carve-out pharmacy benefits, according to a new study. The study ...

Take a look at several converging market dynamics that are purported to bring about great change to the pharma industry in 2019. The pharmacy benefits landscape will continue to evolve and impact ...

As drug costs continue to increase, integrating your company’s medical and pharmacy benefits could result in significant savings for you and your employees. “Drug costs make up 20 to 30 percent of ...

That’s because of pharmacy benefit managers (PBMs), large corporations wielding enormous power over which drugs you get. Just three big PBMs control nearly 80% of the market, using their size ...

Nancy Huntington, PharmD, director of pharmacy, Glens Falls (N.Y.) Hospital Armando Llechu, chief officer of hospital-based care, Lee Health (Fort Myers, Fla.) Four key takeaways were: ...

Hospital systems also are looking at pharmacy benefits for their employees, seeking high-performance networks to reduce drug costs and ensure contracts come with better discounts, Singh said.