HealthTrans works with our clients to derive measurable
savings and passes all rebates back to them. Any changes
in drug research, FDA approval and generic movements
are monitored and clients can make instantaneous formulary
changes that can have an immediate and extensive impact
to their bottom line. Features include:
Standardized or customized preferred
drug lists - allowing the client greater control
over the cost and type of formulary options
Open, preferred, closed or customer-specific
formulary options - for those clients who
wish to offer more customized preferred drug lists
Rebate processing services
- allowing client to reap the benefits of rebate
programs without having to manage the day-to-day
operations. HealthTrans manages all rebate contract
details and passes all rebate recoupments back
to our clients
Pharmacoeconomic considerations
- design practical step therapy protocols
Contract negotiation and management
- ensuring the lowest net drug cost is achieved
Value-based formularies -
optimizing, not maximizing rebates on preferred
drug lists
Formulary modeling and trend analysis
- allowing for modeling of possible changes to
a formulary to determine what financial impact
may result
P&T committee support - ensuring
clinical programs meet rigorous P&T committee
standards
Governmental best drug pricing
- assisting Medicaid and Medicare entities with
deeper cost savings they may not qualify for without
third party assistance