Third-Party Administrators

Most TPAs maintain multiple contract relationships with PBMs, making tracking difficult. PillarRx offers unique pharmacy program monitoring that provide your customers fluid and consistent reporting. PillarRx enables your company to maintain a vigilant oversight effort consistent with your healthcare management strategy.

Our tools provide TPAs with the capability to:

• Capture industry best practice PBM pricing
• Maintain electronic daily oversight of all contracted PBM vendors for Pricing and Plan design adjudication
• Integrate reporting among all PBM vendors for customers and brokers
• Forecast and trend analysis to support customer budgeting and re-insurance negotiations
• Insure the drug benefit if desired
• Provide market differentiation
• Improve cash flow

Services

References

“PillarRx has been an integral partner in our approach to PBM contracting and ongoing oversight. This process provides enhanced credibility with our customers.”

“We’ve been working with PillarRx for 3 years. In that time, they’ve helped educate us on the ever-changing pharmacy landscape. They’ve helped manage a best-practice approach to our pharmacy programs we can pass on to our customers.”