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URAC Director of Pharmacy Programs to Speak at Academy of Managed Care Pharmacy Annual Meeting
Date:4/16/2009

tion of the URAC Pharmacy Benefit Management Accreditation program in 2007, 20 companies have received or are in process for accreditation. The standards were developed by experts representing a wide range of experience in health care. To earn accreditation, URAC's independent evaluators must certify that a PBM operates efficiently and effectively, demonstrates its commitment to the highest level of standards for care, dedicates resources to quality improvement, and invests in clinical expertise and the oversight necessary for managing an effective program.

The accreditation standards include modules for organizational quality, customer service, communications, disclosure of pricing, pharmaceutical distribution channels, drug utilization management, formulary and pharmacy, and therapeutics committees.

"We know that negotiating and purchasing PBM services can be a complicated and confusing process," Ms. Anderson said. "By setting clear standards, we can help purchasers obtain the highest quality while ensuring access to drugs and pharmacies, patient safety, and disclosure of key contracting terms."

URAC enhanced the PBM Accreditation program with the recent release of the PBM Purchasers Guide: A Quality Management Toolkit, developed in partnership with the National Business Coalition on Health. The PBM Purchasers Guide provides essential information for individuals in the process of evaluating, purchasing or managing pharmacy benefit management services and empowers purchasers to make informed buying decisions.

The 21st Annual Academy of Managed Care Pharmacy
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