Reviewing Your preference Cards

Why You Need a Process for Reviewing Your Preference Cards

And why it needs to be done regularly The Power Supply Podcast recently interviewed Drew Preslar to discuss the importance of data utilization and change management in healthcare. The conversation focuses on the challenges faced by clinicians and healthcare organizations, and how optimizing preference cards can improve patient outcomes and unlock efficiencies and cost savings. […]

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ShiftShapers Podcast Interviews Joey Dizenhouse on Managing Pharmacy Costs

ShiftShapers Podcast Interviews Joey Dizenhouse on Managing Pharmacy Costs

The need for streamlined and efficient solutions in the ever-evolving landscape of pharmacy is crucial. Recently, HealthTrust’s Joey Dizenhouse, was a guest on the ShiftShapers podcast where he discussed healthcare optimization, particularly in managing pharmacy costs. In the conversation, Joey and host David Saltzman explore the complex dynamics of the healthcare industry and how professionals navigate these challenges. An […]

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Formulary Exclusions and Pharmacy Benefit Managers By Joey Dizenhouse, Senior Vice President, HealthTrust IHP

Formulary Exclusions and Pharmacy Benefit Managers

By Joey Dizenhouse, Senior Vice President, HealthTrust IHP How can Plan Sponsors protect themselves? Over the past 10 years, Pharmacy Benefit Managers (PBMs) have implemented an ever-increasing list of formulary exclusions, citing the need to drive down cost from low-value or questionably effective medications. But these exclusions have evolved, as many commonly used drugs are […]

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Pharmacist transmitting medication to happy man holding girl

Talk to Your Pharmacist Interviews Joey Dizenhouse About Pharmacy Innovations

Pharmacy Innovations The first topic of conversation was the exploration of cheaper alternatives for patients. Joey explained that it is essential for prescribers and the healthcare system to consider alternative options that can save costs for both patients and the overall plan. By utilizing better technologies and customized solutions, prescribers can make more informed decisions […]

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An example of our capabilities - HealthTrust's Volatility Management Program (VMP)

Demystifying PBM Contracts to Identify Maximum Value

Pharmacy benefit manager (PBM) contracts are complex and can seem difficult to decipher. It’s important to take the time to ensure your contract aligns with your firm’s objectives and allows employees access to the drugs they need at the right price. The good news is you don’t need to do this by yourself: there are […]

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Older couple jogging on a sunny day

Expert: New Cap On Out-of-Pocket Costs for Medicare Beneficiaries Could Be Significant for Some Patients

This interview was originally published in Pharmacy Times and is reprinted with permission. Patients who had previously hit their out-of-pocket maximums could see a significant change.This interview was originally published in Pharmacy Times and is reprinted with permission.   Aislinn Antrim: Hi, I’m Aislinn Antrim with Pharmacy Times®, and I’m here with Joey Dizenhouse, senior vice president […]

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Pharmacist talking to patient about their prescription medication

Top 5 Things You Must Know When Negotiating a PBM Contract

As one of the largest prescription drug buyers in the US, we negotiate $14 Billion of pharmaceuticals annually for our members. About 30% of that is in our PBM program, which serves 300 different plan sponsors across the country. As a result, we have “seen it all” when it comes to types of PBM contracts. […]

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Dollar sign made of red, white and blue pills

How Do Rebates Work?

How do the rebates work that are paid from PBMs to plans? Did you know that over the last couple of decades, this number has grown from 3% to nearly 30% of total spend? Check it out and for the complete guide, download it here.  

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An Operational Partner You Can Trust

It All Starts With the Contract

Many plans do not realize they are getting something very different from what they think their PBM is promising. In fact, the actuarial value of a high performing contract is at least 10% benefit on overall spend. Check it out and for the complete guide, download it here.  

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Profession consultation

Fight for Clarity in Pharmacy Benefit Manager Contracts

The concept of transparency is central to any discussion about pharmacy benefit manager (PBM) contracts. But what exactly does it mean? Over the years, I’ve had this conversation many times. And while the circumstances vary,understanding the various nuance`s of transparency is absolutely critical to anyone responsiblefor a PBM plan. Critical, but not easy because PBM […]

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Senior man is holding yellow gel capsules in hand

Specialty Drugs vs. Non-Specialty Drugs

How Do PBMs take advantage of the difference between specialty and non-specialty drugs? Between 1990 and the 2000’s, the number of specialty drugs has grown from 30 to over 500. How do PBMs take advantage of the differences between specialty and non-specialty drugs when it comes to pricing? See the short video below to hear Joey […]

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Medical professionals in a meeting

Understanding & navigating the PBM market

Pharmacy benefits management can feel like a daunting, unending, winding road of uncertainty. And there are often large discrepancies between the purported outcomes from a pharmacy benefit manager (PBM), and the true value provided. PBMs are third-party administrators of prescription drug programs, who are primarily responsible for processing and paying prescription drug claims. But the […]

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The Business of Pharmacy Podcast features Joey Dizenhouse on PBMs

In this episode of HealthTrust’s Candid Conversations, AdvantageTrust’s VP of Sales, Tonia Kraus, discusses ASC trends with Beverly Kirchner, Chief Compliance Officer at Surgery Direct.

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