Pharmacy Networks

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PBMs build networks of pharmacies to provide consumers convenient access to prescriptions at discounted rates. PBMs also monitor prescription safety across all of the network pharmacies, alerting pharmacists to potential drug interactions, even if a consumer uses multiple pharmacies.

Network pharmacies compete on service, convenience, and quality to attract consumers within a particular plan. It is important for pharmacies to compete in order to be included in these pharmacy networks. This competition helps keep the rising costs of prescription drugs down.

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Specialty Drug Trends

Complex, innovative, and high-priced specialty drugs are entering the United States health care market at a rapid rate.

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What is a specialty pharmacy network?

To maximize the patient benefit of drug treatments, preferred specialty pharmacy networks are used to deliver high-quality, accessible pharmacy services.

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What is a PBM?

These drugs are best defined by the full range of each product's attributes, rather than solely by cost and route of administration.

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What tools do PBMs use?

The total costs and utilization of specialty drugs will have a substantial impact on overall health care costs during the next decade.

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