Cost Containment

Our Innovative Financial Tools Help You Control Medication Costs Without Impacting Patient Care

Providing cost effective medication solutions for patients, residents and their families

We recognize saving money is a top priority for long-term care (LTC), skilled nursing facilities (SNF), assisted living facilities (ALF), hospitals and other institutional care settings. Combining industry-leading long-term care pharmacy services with our unique solutions for clinically appropriate medications, PharMerica works with providers, patients, residents and their families to provided recommendations through easy-to-use cost containment tools that drive medication management and cost savings.

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Preferred Drug Formulary

PharMerica’s formulary is designed by expert geriatric care physicians and pharmacists to assure it is clinically appropriate and cost effective for residents. PharMerica assists you in maximizing preferred formulary use with industry leading generic dispense rate, cost effective brand medications and through therapeutic substitution recommendations to reduce costs.

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Cost Saving Technologies

With every prescription we fill, PharMerica employs cost-saving technologies to help facilities significantly lower cost while increasing the quality of care. From dispensing quantity limits on higher cost brand or specialty medications to our automatic split-billing service when a resident changes payers and price forecasting tools that show lower-cost alternatives before you order.

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Medicare Part D Management

PharMerica’s combination of automated technologies and timely interventions reduce costly Part D non-covered charges. Avoid and recapture non-covered charges with our team of experts that manage and follow up with prescribers and payors to gain approval on previously denied claims.

Comprehensive Reporting

PharMerica is the only leading pharmacy provider that delivers comprehensive reports (actionable analytics) that guide clients through their medication expenditures, key cost drivers, cost saving results and actionable recommendations. Supporting daily/weekly reports can be sent directly to any email or fax.

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