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About this session: “Strategies for Maximizing Your Pharmacy Benefits Contract”
One of the most powerful levers for controlling the cost of your pharmacy benefits program is your contract. But even if you lock in great rates and terms at the time of procurement, you could still encounter unexpected costs.
As a broker or plan sponsor, in order to negotiate and manage the best possible pharmacy benefits contract, it is imperative to fully understand the dynamic elements of a contract, how to leverage data to inform contract decisions, as well as the nuances of the industry that affect the program throughout the life of a contract.
This session explores the intricacies of pharmacy space and the key contract elements that affect pricing and performance of a pharmacy program and describes – through example scenarios – how to ensure you are getting the most out of your benefits program. Lastly, we share general strategies for maximizing performance at the time of procurement and on an on-going basis.
This session is aimed at helping attendees understand:
- The market dynamics that are affecting the pharmacy space
- Key elements of a contract and areas to manage closely
- Strategies for ensuring maximum program performance over course of a pharmacy benefits contract
You’ll learn powerful ways to improve your contract, informed by thousands of successful procurements and actively managed contracts on the Truveris platform.
What is covered in the session
- What contract elements can be impacted by industry changes
- Best practices for anticipating and managing cost shifts
- Strategies for ensuring maximum program performance over the life of your pharmacy benefits contract
About the presenter: Adrienne Trudell, PharmD, BCGP, CPBS
Adrienne Trudell is a pharmacy benefit manager (PBM) subject matter expert supporting Truveris’ account management team. She provides consultative and clinical insights to help clients optimize their pharmacy benefits.
Adrienne is a multi-faceted clinician with 9+ years of hands-on experience across Client Services, Pharmacy Benefits, and Clinical Management. In addition, Adrienne is a veteran of the U.S. Army where she served in the rank of Captain. During her tour of duty, she held several supervisory positions culminating as the Assistant Chief of Outpatient Pharmacy Operations at Womack Army Medical Center, which was the department of defense’s busiest pharmacy network dispensing $1.5M prescriptions annually.
Adrienne received her Doctor of Pharmacy from Xavier University of Louisiana College of Pharmacy. She also completed a managed care residency at Kelsey Seybold Clinic in Houston Texas and holds a board certification in geriatric pharmacy.