Today's PBM procurements are incredibly complex:

• Ever changing pricing terminology
• Complex definitions and pricing guarantees
• Difficult to adequately compare offers
• Savings forecasts difficult to validate

PSRx Advisors provides plan sponsors with the ability to:

• Capture industry best practice PBM pricing
• Maintain electronic daily oversight of the contracted PBM vendor for Pricing and Plan design adjudication
• Forecast and analyze trend to support PBM negotiations
• Realize significant pharmacy program savings

PSRx Advisors provides extensive experience and process specific to PBM RFP services. Our RFP services include:

• Tailoring and crafting a detailed RFP that is built to secure successful PBM contracts and relationships
• Special analysis and guidance towards traditional and pass-through contracting strategies
• Utilizing current PBM data for pricing analysis, financial comparisons and forecasting
• Qualitative analysis and scoring grid with key performance criteria
• Formulary assessment and savings differentials
• Data and Actuarial analysis to validate savings projections
• Contract negotiations including guidance of protective contract network discount guarantees
• Implementation support including testing protocols and timelines

Have confidence in our industry specialists
PSRx experts come from the pharmacy benefits industry - we know the language and how to measure commitments. We have former PBM pricing underwriters, COOs, Auditors and Account Executives to support your ongoing initiatives.

PSRx Advisors is dedicated to the Public Sector. We understand your perspective.