Ebook

A Better Path Forward for the Future of Medicaid Pharmacy Benefit Administration

A Better Path Forward for the Future of Medicaid Pharmacy Benefit Administration

Pages 3 Pages

The PDF emphasizes the importance of data in Medicaid pharmacy benefit administration and highlights the role of compendia publishers like Medi-Span and First Databank (FDB). FDB is favored by most Medicaid state agencies due to its interoperable drug knowledge, clinical modules, and support for electronic health records. Medication errors remain a major concern, causing up to 9,000 U.S. deaths annually, making accurate prescribing and dispensing critical. States are urged to carefully choose compendia sources, as limiting to non-industry leaders reduces competition and program value. Conduent, with 30 years of PBM experience, processes $3B in claims and $5B in rebates annually while covering 11M lives.

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