10 Essential PBM Terms Every Requestor Should Know Before Selecting a PBM
If your organization is beginning to evaluate a Pharmacy Benefit Manager (PBM), the vocabulary can feel like a barrier before procurement even begins. For health…
Guides and insights that make procurement make sense, cut proposal waste, and help buyers and suppliers move faster, for novices and experts.
If your organization is beginning to evaluate a Pharmacy Benefit Manager (PBM), the vocabulary can feel like a barrier before procurement even begins. For health…
The Pharmacy Benefit Manager (PBM) Request for Proposal (RFP) process is intended to help organizations compare options carefully and make sound pharmacy benefit decisions. For…
Request for Proposals (RFPs) are slow because they were built for a different kind of procurement environment. For health plans, coalitions, unions, specialty pharmacies, employer…
Comparing PBMs should not be as difficult as it often is. Pharmacy Benefit Managers play a critical role in prescription drug benefits. They support pricing…
Pharmacy Benefit Manager (PBM) Request for Proposal (RFP) challenges are rarely simple writing problems. For Pharmacy Benefit Managers, proposal work sits at the intersection of…
PBM procurement is often described as a sourcing problem. Employers, brokers, consultants, and procurement teams need to find the right Pharmacy Benefit Manager, issue an…
Procurement teams are often asked to move faster while still making careful, informed decisions. That is not always easy with traditional procurement methods. RFPs, RFIs,…
Shift from traditional buyer initiated requests to vendor initiated Proposals for Requestors (PfRs) represents a significant shift in procurement practices. Successful transition requires careful planning,…
Adopting Proposals for Requestors (PfRs) can help organizations gain more flexibility and speed when seeking out products and services. A considered approach to implementation ensures…
Many organizations rely on Requests for Proposals (RFPs), Requests for Information (RFIs), and Requests for Quotations (RFQs) to manage their procurement activities. While these methods…