The FTC recently released a interim report discussing the impact and predatory practices of PBMs, with particular focus on the larger PBMs that control the majority of the market, that contained a great deal of information related to concerns of how this they are impacted prescription drug prices. Additionally, alongside the report, the Commissioner of the FTC released a dissenting opinion that denoted several concerns with the official report that was released that delved into the nuances of areas that should have been further researched. Prism reviewed both the official report as well as the dissenting opinion and has put together a high level summary that outlines the key points and provides some guidance on what should be considered form these materials. #pbm #transparency #consulting
The Prism Health Group
Pharmaceutical Manufacturing
Lehi, Utah 1,535 followers
Pharmacy Benefits, UnScripted
About us
The Prism Health Group is a nimbly abled and independent pharmacy consulting firm, delivering a wide variety of specialized pharmacy consulting and analytics solutions. Our sole mission is to empower those we serve with independent, accurate, and transformative pharmacy thought leadership. Our sole mission and purpose is to obsessively align and empower those we serve with best-in-class and unbiased pharmacy thought leadership. We achieve meaningful outcomes through delivery of: - Procurement (renewal, RFP, market checks) - Audit Services (financial, rebate, benefit, etc.) - Analytics & Reporting - Ongoing Consulting Solutions
- Website
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http://www.theprismhealthgroup.com
External link for The Prism Health Group
- Industry
- Pharmaceutical Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Lehi, Utah
- Type
- Privately Held
- Founded
- 2018
- Specialties
- PBM Procurement, Clinical Oversight, PBM Vendor Management , Implementation Services, Savings Optimization, and Claims and Benefit Auditing
Locations
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Primary
3300 N Ashton Blvd
100
Lehi, Utah 84043, US
Employees at The Prism Health Group
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Chris Kosson
Sr. Consultant @ The Prism Health Group | Strategic Account Management and Process Improvement Expert
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Paul McNeill
Director @ The Prism Health Group | Client Management, Employee Benefits
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Christopher Ziemke, MBA, CPhT
Director, Business Development at The Prism Health Group
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Jordan Hytken, MBA
Director of 340B Strategy & Optimization
Updates
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The Prism Health Group reposted this
Our partner The Prism Health Group sets themselves apart as a PBM through transparency, autonomy, and robust management. Read more to see how these pillars drive results for your organization.
With the evolving healthcare marketplace and more demand on transparency, it's imperative for plan sponsors to ensure proper contract alignment. Coalitions may be a nice plug and play option, but do they truly provide you transparency and autonomy? #pbm #transparency
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Last month we had the pleasure of sponsoring and speaking at IMA Financial Group, Inc. 's Empolyee Benefits Summit at Coors Field. With Alexander Hall and Christopher Ziemke, MBA, CPhT at the mic and Ryan Rice making everything look good! What an incredible event at an amazing venue. Lot of great discussion as to what's coming down the pike regarding pharmacy benefits and how Prism is helping our clients navigate these uncharted waters. #partnership #consulting #IMA #PBM #change #letsplayball
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Freedom is not free. Today we honor those who came before us and gave the ultimate sacrifice for the freedoms we have today. #honor #freedom #memorialday #homeofthebrave
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When tragedy strikes, we help our partners out! Last Friday, a series devastating tornadoes and storms blew through eastern Nebraska and western Iowa that effected some of our trusted partners. As a reminder, in times of natural disasters, your PBM partner likely will advise as to disaster relief protocols for their clients and members in the affected areas. We stand at the ready to assist our client partners in working with their PBM's to identify these protocols. The American Red Cross (redcross.org) and ne211.org are also available for people who need assistance along with many local and county resources. #support #NE #omaha #disasterrelief #IA
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The Prism Health Group reposted this
Take their word for it! Here’s what attendees had to say about last year’s Employee Benefits Summit. Sponsored by: The Prism Health Group
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ATTENTION BevCap Management LLC's Best Practice Workshop Attendees...join us Tuesday at 1:00 PM CST as John Kirke, Ryan Rice, and Nick Page talk about practical strategies for proactively managing the rising costs of pharmacy services in the face of an ever-evolving healthcare landscape. The panel will delve into the latest trends and challenges in weight-loss drugs (i.e., GLP-1s), cost containment and future strategies to control drug costs in your health plan. Looking forward to seeing ya'll in Frisco, TX next week! #BevCapBPW #collaboration #innovation #PBM #BevCap
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Happy Easter to you and your families from everyone here at The Prism Health Group! #family
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We've received a lot of inquiries recently about fiduciary responsibilities stemming from the J&J lawsuit. Wondering what to do as a plan sponsor and best practices to follow? The attached publication should help! #pbm #transparency #consulting #fiduciary
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With the evolving healthcare marketplace and more demand on transparency, it's imperative for plan sponsors to ensure proper contract alignment. Coalitions may be a nice plug and play option, but do they truly provide you transparency and autonomy? #pbm #transparency