Tag Archives: Third Party Contracting

Trials and Tribulations in Pharmacy Part 1

It’s been a while since I have written an article. My previous articles were focused on steps for starting a new pharmacy; I felt that I could help impart what I had learned to help others join the independent pharmacy … Continue reading

Posted in Benefits Managers, Business Development, Controlled Substances, Entreprenuership, Pharmacy, Pricing | Tagged , , , , ,

Pharmacy Benefit Managers—A Big Hurdle to the Future of Independent Pharmacy

A Pharmacy Benefit Manager (PBM) is a third-party administrator responsible for processing and paying prescription drug claims.  PBMs manage the use and cost of prescription drugs sold to members by establishing and managing formularies (list of covered medications), negotiating discounts … Continue reading

Posted in Benefits Managers, Entreprenuership, General Topics, Management, Pharmacy, Services, Wholesalers | Tagged , , , , , ,