PSG - Pharmaceutical Strategies Group

We love our PSG team…They provide excellent ongoing information about what's happening in the world of pharmaceuticals, both from a plan administrator perspective as well as from the insureds' need-to-know perspective… They're doing an excellent job and are keeping [the PBM] on their toes!

— Sr. Director, Compensation & Benefits for a national hotel management company.

What Makes PSG Different

The continued savings and improved program performance that PSG realizes for our clients is made possible by at least seven distinguishing factors that set PSG apart from its competitors:

  • Proven Results — PSG routinely secures hundreds of millions of dollars in savings for our clients each year while increasing PBM accountability, operational efficiencies, and overall health outcomes.
  • Perspective—Our experts regularly contribute to leading industry journals including Drug Benefit Trends, Employee Benefit News, Managed Care Weekly, Managed Healthcare Executive, Workspan, Self Insurer Magazine, Benefits and Compensation Solutions Magazine, Specialty Pharmacy News and others.  In addition, we are the author of the AIS best-selling title, “PBM Formulary Strategies & Their Impact on Payers” and host a variety of other forums including Webcasts, seminars, and panels.
  • Independence and Objectivity—PSG is the largest independent pharmacy benefits consulting firm in the country.  Our independence provides us with the highest degree of objectivity in evaluating pharmacy benefit programs and proposals.  Our exclusive focus on pharmacy benefits also ensures that our clients receive highly customized solutions and detailed attention that addresses their specific needs and opportunities, rather than the “template” services or single-PBM purchasing arrangements offered by firms that try to meet the needs of multiple focus areas.
  • Highly Experienced Staff—The majority of our staff previously held key positions with the country’s top PBMs in areas including pricing, account management, network management, clinical consulting, data/systems development, and sales.  PSG’s clinical experience and expertise is also unmatched in the pharmacy consulting industry with eight full time clinical pharmacists on staff.
  • Superior Technology—PSG has invested significant resources into developing the industry’s most robust comparative data/financial analysis and reporting platform.  These resources are brought to bear on our clients’ behalf in performing effective contract, pricing, plan, and RFP review services.
  • Fostering Financial Transparency—PSG understands the issues of transparency and disclosure intimately, not only as it relates to PBM revenue, but also in the administration of pharmacy benefit plans.
  • High Client Satisfaction—PSG has a demonstrable base of satisfied clients.  Following our most recent customer satisfaction survey, 92.3% of our clients rated their overall satisfaction with PSG as either “Excellent” or “Very Good.”  The remaining 7.7% rated our services as “Good.” 

© 2010 PSG - Pharmaceutical Strategies Group