PSG - Pharmaceutical Strategies Group

Public Sector

A significant portion of PSG’s client base consists of public sector/government entities at both the state and local level. Throughout our history, PSG has been working on behalf of the public sector to help these clients protect their interests and achieve best-in-class services in the pharmacy benefit marketplace.

Challenges

We understand the challenges facing today’s public sector clients, including:

• Increased fiscal challenges.
• Increased public scrutiny and heightened demand for attaining tangible results.
• Rapidly aging workforce and prevalence of chronic disease.
• Growing retiree population.
• Urgent need to reduce costs and rate of future cost increases.
• Need for clarity and unbiased advice to navigate the murky and complex pharmacy supply chains.
• Need for greater pricing transparency.

Solutions

In order to meet these challenges, PSG has consultants that specialize in the public sector environment segment.  Our solutions are designed to enable government agencies to achieve optimal procurement strategies and optimal utilization management strategies. Our services to the public sector focuses specifically on:

• Providing performance-driven strategies based on proven best practices.
• Achieving immediate and sustained cost reduction.
• Fostering financial transparency with PBMs.
• Holding PBMs responsible for contractual agreements and promises made.
• Capturing data to conduct large-scale analyses, plan design modeling, and gauging impact of clinical programs.
• Performing predictive forecasting and program modeling.
• Reducing gaps in therapy and improving management of chronic disease.
• Fostering customer engagement strategies.
• Improving pharmacy programs and PBM operations.
• Focusing on fraud, waste, and abuse.

Click here to see representative case studies illustrating how PSG has effectively achieved best-value services on behalf of our public sector clients.