People who know Pharmacy Benefit ManagementDrawing on their vast
experience, ARMSRx will evaluate the current vendor(s) contracts for the
following in accordance with current market standards:
- Review verbiage for a fair and equitable relationship
- Review reporting requirements and data ownership
- Assess effectiveness of benefit structures
Make recommendations for:
- Language changes
- Additional or revised Performance Guarantees
- Current market reimbursement rates, administration fees and rebate share
ARMSRx will counsel to any overall pharmacy cost control opportunities and suggestions, formulate market comparisons and provide benchmark information. ARMSRx can also be retained to assist in negotiating new or revised agreements using your leverage and our knowledge to put the most competitive contract in place for your organization.