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PBM Purchaser Guide from URAC and NBCH Will Help Employers and Business Coalitions Evaluate, Manage Pharmacy Benefit Services
Date:1/29/2009

URAC's quality standards offer framework for employers

WASHINGTON, Jan 29 /PRNewswire-USNewswire/ -- URAC, a leading health care management accreditation body, and the National Business Coalition on Health (NBCH) today released a comprehensive PBM Purchasers Guide for employers and business coalitions to help them evaluate and manage pharmacy benefit services. The PBM Purchasers Guide: A Quality Management Toolkit for Evaluating and Managing PBM Services is available as a free download at www.pqm.urac.org and www.nbch.org.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090129/DC64541)

(Logo: http://www.newscom.com/cgi-bin/prnh/20030501/URACLOGO)

The PBM Purchasers Guide is a "how to" resource to assist employers and business coalitions and was designed to be used in the day-to-day management of PBM services and during contract negotiations with PBM vendors. It was created in partnership with NBCH, a national organization of employer-based health care coalitions dedicated to value-based purchasing of health care services through the collective action of public and private purchasers.

The Purchasers Guide provides clear descriptions of how PBMs function, both operationally and clinically, and discusses the pros and cons of varying business and service models. It also demonstrates how URAC's quality standards, represented in its Pharmacy Benefit Management Accreditation program, can help purchasers make informed buying decisions when purchasing PBM services.

URAC utilized its experience in bringing industry experts and stakeholders together to form the editorial advisory committ
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SOURCE URAC
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