by Team PCM | Dec 16, 2021 | Blog post, Data Analytics
This year saw a post-pandemic return to preventive care, the introduction of several biosimilars, and legislation governing healthcare transparency. However, stakeholders are still working to contain medical and pharmacy costs while providing high-level benefits to...
by Team PCM | Oct 25, 2021 | Blog post, Data Analytics
As payors and stakeholders move to more plan-centric health benefits models, fragmentation significantly impedes program efficacy. Point programs added to fill gaps in coverage, and bolt-on solutions, used to supplement cost containment, contribute to a disjointed,...
by Team PCM | Sep 10, 2021 | Blog post, Data Analytics
Artificial Intelligence (AI) in pharmacy refers to automated algorithms that perform tasks traditionally completed by human intelligence. 62% of healthcare companies plan on investing in AI, with around 50% of those fully utilizing the technology by 2025. With its...
by Team PCM | Apr 15, 2021 | Blog post, Data Analytics, Pharmacy Benefits
Medication adherence is a longstanding issue within the complex American healthcare system. Made worse by the global pandemic, nonadherence to prescribed medications is the result of many factors with far-reaching impacts on patients and health plans. Two obstacles...
by Team PCM | Mar 17, 2021 | Blog post, Contract Management, Data Analytics
60% of employers report that the cost of their current pharmacy plan is unsustainable. Without requesting bids from vendors or restructuring benefit strategies, there seems to be little that employers can do to contain costs. However, buried in the seemingly endless...
by Team PCM | Dec 15, 2020 | Blog post, Data Analytics
This year has been, in a word, unique. Fortunately, time marches on, and a new year is around the corner. This article looks forward to some of the trends and projections impacting pharmacy plan management in 2021. Specialty Medications Specialty drug prices will...
