by Team PCM | Mar 31, 2020 | Blog Post, Data Analytics
The severe state of emergency facing our global community has resulted in many of us staying home in a united effort to stop the spread of COVID-19 (coronavirus). In preparation for this isolation period, we have stocked up on food, household supplies, and toilet...
by Team PCM | Feb 28, 2020 | Blog Post, Data Analytics
If you rely on spreadsheets, SQL, or your data team to generate pharmacy plan reports, you are wasting time and overhead. With over 50 fields and hundreds of thousands of lines in a standard pharmacy claims file, traditional pharmacy reporting is tedious and slow. The...
by Team PCM | Jan 14, 2020 | Blog Post, Pharmacy Benefits
Along with fireworks, champagne, and resolutions, we rang in 2020 with price increases on hundreds of drugs. New year, same challenge. However, even amid increasing prices, you can build a comprehensive cost containment strategy. Foundational to developing meaningful...
by Team PCM | Nov 13, 2019 | Blog Post, Plan Management
Last month we gave you two strategies, carefully developed by our pharmacy team, that can help you craft a solid approach to pharmacy benefits. Let’s review: Strategy 1: Monitor NDC Exclusions. Know what NDCs your plan covers and be on the look-out for significant...
by Team PCM | Oct 11, 2019 | Blog Post, Plan Management
Another year has nearly passed with little change in how the pharmacy industry operates. Pharmaceutical companies are still raising drug prices, PBMs are still receiving clawbacks, and brokers and employers are still searching for the magic formula to save money. ...
by Team PCM | Sep 9, 2019 | Blog Post, Data Analytics
Can your broker, benefits department or PBM tell you how your pharmacy dollars are being spent? Are they able to identify savings opportunities? Unless you can confidently answer both questions with detailed metrics and actionable solutions, you need data analytics....
