Cost Management
As a health care innovation company, our steadfast focus is on helping to reduce costs and improve outcomes for our pharmacy benefit management (PBM) clients and their plan... More
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“Drug Trend”
11 result(s)
Cost Management
Managed formulary strategies helped CVS Health clients contain drug price growth, lower trend and improve adherence in 2017. More
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Cost Management
We want clients and members to get the most out of their benefit and the cost of a drug is aligned with the value it delivers. Despite AWP inflation near 10%, we kept drug price... More
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Cost Management
A few key metrics can help demonstrate how well a value-based management approach is working in helping align drug prices with the value and outcomes they deliver. More
Briefing
Cost Management
Value-based management seeks go beyond a static, pre-set price tag to uncover true value for drugs and better health for patients. More
Briefing
Cost Management
The current model of static, manufacturer-set drug prices is simply unsustainable. Value-based management approaches attempt to incentivize quality and efficacy. More
Briefing
Cost Management
Manufacturer-driven brand inflation contributed 8.6 percentage points to trend, while PBM management solutions, helped reduce it by 7.8 percentage points. Thirty eight percent of... More
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Cost Management
Despite ongoing price inflation and an increase in utilization, prescription drug trend dropped for a majority of CVS Health pharmacy benefit management (PBM) clients in the first... More
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Cost Management
In 2014, prescription benefit trend climbed to double digits, spurring many payors to adopt more aggressive management strategies. Among these, an aggressive approach to formulary... More
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Cost Management
Over the last few years, the dermatological category has emerged as a top driver of drug trend. In 2015, the category trended at 39.5 percent and its impact on our gross trend was... More
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