Healthcare Rx Alliance
Cammack LaRhette has set up a Purchasing Alliance that offers our healthcare clients a best-in-class Pharmacy Benefit Management (PBM) solution.
How It Works
Our Purchasing Alliance provides guaranteed contract terms, while allowing you to retain your own customized plan design. Annual audits ensure that contract terms align with the rebates, discounts, and administrative fees. A dedicated account team is committed to managing all phases of the PBM relationship as effectively and efficiently as possible.
Through membership in the Healthcare Rx Alliance, you gain access to the nation's largest mail-order pharmacy and specialty pharmacy, with a broad national retail network of nearly 60,000 pharmacies. The system can also accommodate your hospital's in-house pharmacy programs, including customized reporting.
We negotiate a contract that provides for the highest level of savings for healthcare organizations of all sizes, by:
- Defining when a prescription drug is generic
- Defining when rebates are paid
- Performing an annual audit to validate performance based on contract terms
We re-contract with the PBM for the Healthcare Rx Alliance every three years
AdvantagesThe Healthcare Rx Alliance offers you fully flexible plan design along with plan management options – such as lower fees for optional medical management & utilization programs. As a participating hospital, you retain autonomy and complete control over how your pharmacy benefit plan is structured and managed. Yet participation in the Healthcare Rx Alliance provides more than financial rewards; it offers a unique opportunity to benchmark and share best practices with your hospital peers. Sharing knowledge and resources enables participating healthcare organizations to address together complex issues, such as formularies, transparent pricing, and innovative clinical programs.
Our CommitmentPerformance and results are monitored through senior management involvement in annual meetings to benchmark, network and share best practices. A dedicated account team and clinical pharmacist are available at all times, providing such resources as:
- Ongoing training and education on the pharmacy benefit
- Marketing support, to aid with effective communication strategies
- Detailed, actionable reporting to document current state and map future goals
Through the combined purchasing power of the Healthcare Rx Alliance, you receive the personal attention and economy of scale of organizations several times your size.
