A Pharmacy Benefit Manager (PBM) is primarily responsible for processing and paying prescription drug claims. A PBM is also responsible for developing and maintaining a formulary, contracting with pharmacies, and providing additional services such as drug utilization analysis and reporting. A Pharmacy Benefit Manager will fill drug prescriptions by mail order and/or a network of pharmacies. Due to the volume of claims processed, a PBM can offer a lower discounted rate than can be negotiated by individual organizations. With a single contract with a PBM, your hospice can access multiple pharmacies at one discount rate and receive one consolidated invoice that has been adjudicated online in real-time. Partnering with a PBM saves time, money, and the administrative burden in providing the hospice pharmacy benefit to patients.
Outcome Resources is a Hospice Pharmacy Benefit Manager, and we partner exclusively with hospices. As part of our PBM services we also offer Unlimited Clinical Consultations, Education Programs, and detailed Monthly Management Reports and Summaries. We would be honored to partner with your hospice to provide the highest level of service and support to your hospice patients, staff, and administration. We invite you to explore our website further, including our Hospice Clinical Services, Hospice Education Services, and Benefits.
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