MDR's Partner Announces its Medical Benefit Manager (MBM) Pharmacy Services Administration (PSA) Contracts Top 100; Clients Gain Efficiencies, Improve Quality of Care, and Lower Costs
Celebrating 7 Years as the First New Class-of-Trade Created in the Last 40 Years – Designation Recognized by Pharma
MDR’s Partner announced that its roster of Medical Benefit Manager clients has topped 100, greatly fortifying the company’s leadership as both the first and largest U.S.-based, legally recognized and configured MBM in the nation.
The company’s CEO, Pharm D, MBA, says, “We are proud to be recognized by the pharmaceutical industry as the first entity operating with a MBM business model. Our MBM new class-of-trade designation allows the industry to work with us in ways that are separate and distinct from traditional Pharmacy Benefit Managers (PBMs) and Group Purchasing Organizations (GPOs), and consistent with various regulatory safe harbors.”
A crucial cornerstone of this industry shift is that the MBM business model enables all drugs to be covered under a single integrated healthcare benefit versus separate billing for medical drugs and pharmacy drugs. As a result, the model reduces fragmentation, increases integrity, integrates population health, and improves utilization management.
Sign up to receive the full Press Release!