Drug spend is a growing concern for self-insured employers—including health systems. Advisory Board research reveals a significant savings opportunity for self-insured health systems that take an active approach to managing their pharmacy benefit.

Leaders at an increasing number of progressive health systems have discovered that their organizations' in-house pharmacy expertise serves as a valuable asset in holding their PBMs accountable for delivering promised value. Collaboration between HR and pharmacy leaders can also lead to more transparent pharmacy benefit management contracts and other cost savings initiatives.

This research report guides both pharmacy executives and benefits leaders toward a productive partnership and optimized employee prescription drug benefits.

Download the Research Report

In this report, you'll learn:

• How PBMs make their money and the implications for your employee health benefits (p. 5)
• What steps pharmacy leaders can take to collaborate with HR leaders and reduce employee drug costs (p. 17)
• How actively managing pharmacy benefits has saved institutions millions of dollars and how you can apply that knowledge to improve population health initiatives (p. 27)