Jeremy Sarich, PharmD, MBA

Pharmacy Benefit Consultant - Hospital Systems

For Jeremy, concentrating on the details is the key to delivering premium services for his clients. As a consultant for hospital and health systems at PSG, he helps his clients manage their pharmaceutical benefits and get the most from their existing resources, such as using their in-house pharmacies, which drives revenue and member savings. He also assists clients with market checks, audits and reducing their formulary spends. As part of an emphasis on contracts, Jeremy keeps a close eye on contract language to make sure his clients get the best-in-class terms.

His job also includes reviewing plan designs to make sure they are:

  • Optimized to current market averages
  • Set up to be sustainable long-term
  • Drive savings and utilization in the right places

After reviewing a plan for one client, their coverage was updated, eliminating some products from the formulary, and ultimately saving $15 per member per month, for an annual savings of $1.25 million. For another client, $3.1 million in savings was found, with changes that are still being implemented. Jeremy helped an employer group client negotiate directly with a pharmacy, which is not common, for a discount on a costly specialty drug.

Jeremy is passionate about appropriate utilization and emphasizes the importance of the “right drug, right time, right person.” Before joining PSG, Jeremy worked for CVS Health as a Clinical Director, a job that focused more on PBM operations, and a Clinical Advisor for government programs, with large clients such as state governments. Part of his work included meeting with senators, educating them on the effects of proposed bills and helping to stop legislation that might have negative impacts on his clients.

Jeremy’s experience also includes a job as a Clinical Pharmacy Coordinator at a smaller PBM, which gave him a wide range of experience, including work with Medicare, Medicaid, employer group and health system clients. Jeremy began his career in 2001, working as a pharmacy tech while he was an undergrad.

Jeremy earned a Doctor of Pharmacy from the Creighton University School of Pharmacy and Health Professions. He holds a master’s degree in business administration from Creighton University and a Bachelor of Science in biology from the University of Nebraska Omaha. He is a member of The Rho Chi Society, an academic honor society in pharmacy, and the Nebraska Pharmacists Association.

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