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Formulary and Rebate Services
HealthTrans believes in creating value-based formularies for our clients to ensure they are utilizing only those drugs which are both cost effective and clinically proven for their plan designs and profit expectations.

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

A Healthier Approach to Pharmacy Benefits 800.950.9120

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