Understanding the importance of delivering “an effective formulary strategy” to achieve cost containment in these challenging times, CVS has revealed their 2021 formulary changes.
Looking toward 2021, OptumRx has announced its formulary changes effective January 1, 2021. These changes will include a combination of downtiers, uptiers, and exclusions…
Most-Favored-Nation Price for Medicare Back on July 24 of this year, President Trump announced four executive orders taking a variety of approaches to address…
Artemetrx data and analytics platform integrates medical and pharmacy data to deliver immediate, actionable drug cost savings opportunities – needed now more than ever…
(PLANO, TX – August 20, 2020) – Pharmaceutical Strategies Group (PSG), a leading pharmacy intelligence and technology company providing innovative drug management solutions to self-insured…
To reduce costs, pharmacy benefit managers (PBMs) and plan sponsors often implement utilization management (UM) strategies, such as prior authorizations (PAs) and step therapies,…
Utilization management (UM) programs are intended to save plan sponsors money and ensure that patients are using the most cost-effective, clinically appropriate medications. However,…