PBM Pharmacy Networks

This video describes how Pharmacy Benefits Managers (PBM) establish pharmacy networks and set up contracts with specific pharmacies. Through contract negotiations, PBMs are able to establish better prices for drugs from retail pharmacies who want to participate in the network.

[@LEGIONOFKNICKSPODCAST]

Joey these videos are simple, informative, and extremely helpful. A baby can understand this. Thanks and God bless, dude

[@pharmacistfayadhaliahmed4111]

I've been working as PBM /Chronic med officer ,is there any on for knowledge exchange pleas?

[@BryanAgapito]

Thank you for the vids!!

[@jhuang2347]

thank you!

[@rbryantiii]

The only problem is we CANNOT negotiate with PBM's.

[@samfawaz9312]

When making videos like this explaining pbm practice and business, one must never forget to mention that pbms (the big three) profit 300 billion a year AND drug prices and premiums continue to climb “Saving” money by underpaying independent pharmacies isn’t to save anyone money, it’s to run them out of business (since they’re the easiest target) the proof is in the numbers Follow the dollar Also don’t neglect to mention what pbms actually pay their own mail order pharmacy and other chains Reports show astronomical profits on drugs that independent pharmacies lose money on Here’s a solution, either pay independent pharmacies what they pay themselves , or pay themselves what they pay us . That’s fair !!