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| PURCHASE RECORDING | PRICING
INFORMATION |
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Recent legal action against FirstDataBank is driving industry change
regarding Average Wholesale Price (AWP). Find out how new pharmacy pricing
benchmarks will impact price inflation for your plan and how to respond.
Plus, hear about how to achieve optimal balance of price, member cost
share and utilization management for improving value and cost performance
of your pharmacy benefit.
Formal presentations will be followed by a 30-minute Q&A to answer
your most pressing online enrollment systems questions. |
| Learning Objectives |
How did Average Wholesale Price (AWP) Evolve?
- Understanding the Pharmaceutical Supply Chain
- Pharmaceutical companies
- Wholesalers
- Pharmacies
- PBMs
- Example of Change in AWP in 2002
Market Forces Involved in Change in AWP
- Medicare Prescription Drug Improvement and Modernization Act of 2003
(MMA)
- ASP
- AMP
- Deficit Reduction Act 2005
- Class Action Lawsuit Against FirstDataBank
Planning for New Pricing Benchmark
- Evaluate Current PBM Agreement
- Review current language
- Estimate the impact
- Propose Potential Alternative Pricing Mechanisms in Future Contract
- Negotiations
- Implement Appropriate Language Into Current and Future Contracts
How to Manage Optimal Balance of Price, Member Cost Share and
Utilization |
| Who Will Benefit |
Vice President, Director, Manager and COO for:
From:
- Employers, Health Plans, TPAs and Health Services and Corporations
that have or are interested in online enrollment systems.
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| Speakers |
| Jeff Hawes, PharmD., RPH |
Kevin Waite, MS, RPh
Pharmacy Benefit Consultant
PSG
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| About Our Speakers |
Jeff Hawes, PharmD., RPH received his Pharm.D.
in 2003 from the University of Florida College of Pharmacy. He received
his BS in Pharmacy from Purdue University in 1983. He has 22 years of
pharmacy experience including 12 years in managed care. He most recently
worked as a Pharmacy Practice Manager for a PBM for four years and prior
to that he served eight years as the pharmacy director for a commercial
health plan. Dr. Hawes has extensive experience in clinical management,
contracting, pharmaceutical manufacturer relations, pharmacy network
strategy, utilization and cost management, project management, various
program implementations, and various other operational, financial and
clinical functions.
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Kevin Waite, MS, RPh is a Pharmacy Benefit Consultant
with PSG. Kevin has over 20 years of diverse managed care pharmacy experience,
including more than 10 years of senior management experience with a leading
PBM. Kevin has developed significant expertise in evaluating PBM pricing
strategies and tactics, thoroughly understands the operational capabilities
of claims processors (having worked with both Argus and SXC), and is
an expert in assisting clients in designing and deploying strategies
to improve overall pharmacy program performance.
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| Corporate
Research Group Webinar Sponsorship Opportunities |
Webinar sponsors represent select companies that share a common mission;
business advancements through leadership, strategic interaction and
innovation. We invite companies to contact us for detailed information
on sponsoring one or more of our Webinar events. Take advantage of
either a Lead Sponsor position with the privileges of exclusivity or
a Webinar Affiliate Sponsor position.
About Us: Corporate Research Group has been serving
the managed healthcare marketplace for over 14 years as the industry’s
leading source for Healthcare News. CRG products consist of custom
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conferences, audio conferences and online information services. CRG’s
subscribers consist of senior level decision makers that purchase
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Interested, Contact Shaun McNally at 781-939-2560,
email shaun.mcnally@corporateresearchgroup.com. ASK
US about an exclusive customized lead webinar on a topic of your choice! |
| Pricing
Information |
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$299 |
for live webinar, plus materials packet |
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