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Pharmacy Benefit Managers (PBMs) Explained - Learn How the Money Flows

Pharmacy Benefit Managers (PBMs) process prescription claims for health plans. PBMs are one of the seven parts of the prescription medication ecosystem. All the members include: 1. Plan Sponsor 2. Health Plan 3. PBM 4. Pharmaceutical Manufacturer 5. Drug Wholesaler 6. Pharmacy 7. Patient The money flows from Plan Sponsor to Health Plan to PBM to Pharmacy to Drug Wholesaler to Pharmaceutical Manufacturer. The prescription medications flow from the Pharmaceutical Manufacturer to the Drug Wholesaler to the Pharmacy to the Patient. Sources: https://ascopubs.org/doi/full/10.1200... https://www.optum.com/business/insigh... https://dfwbgh.org/wp-content/uploads... https://www.healthcarevaluehub.org/ad... AHealthcareZ is 200+ Healthcare Finance Educational Videos. 💥 BOOK: Check out Dr. Bricker’s Book 16 Lessons in the Business of Healing here: https://www.ahealthcarez.com/healthca... AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health. 120,000+ Views Per Month Across All Platforms. Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.