RxPreferred Benefits

Jeff Malone is the CEO of RxPreferred Benefits. To contact Jeff Malone email at [email protected] or [email protected]. Or you may call +1.6157586943 or (615) 202-8881

The decision makers in RxPreferred Benefits are Angela Self, Breanna Shepard, Jeff Malone, etc. Click to Find RxPreferred Benefits decision makers emails.

RxPreferred specializes in providing transparent and customized Pharmacy Benefits Management solutions. Our services include comprehensive formulary management, drug utilization review, and cost containment strategies. We focus on maximizing savings for plan sponsors while ensuring that members have access to necessary medications. Our pass-through pricing model ensures that clients see all costs associated with their pharmacy benefits, allowing for better financial planning and management.

RxPreferred offers specialized 340B administration services designed to help healthcare organizations maximize their savings under the 340B Drug Pricing Program. We provide expertise in compliance, program management, and data analytics to ensure that covered entities can effectively leverage their 340B status. Our solutions include assistance with inventory management, claims processing, and reporting, ensuring that clients can optimize their 340B savings while remaining compliant with federal regulations.

RxPreferred serves a diverse range of industries, including healthcare systems, hospitals, long-term care facilities, hospice care, and workers' compensation programs. Our tailored pharmacy solutions are designed to meet the unique needs of each sector, ensuring that plan sponsors can achieve their specific goals while managing pharmacy costs effectively. We understand the complexities of each industry and provide customized strategies to enhance medication management and improve patient outcomes.

Yes, RxPreferred offers specialized Pharmacy Benefits Management solutions for hospice care providers. We understand the unique medication needs of hospice patients and work to ensure that they have timely access to necessary medications while managing costs effectively. Our services include formulary management tailored to palliative care, medication therapy management, and support for caregivers, ensuring that hospice providers can focus on delivering compassionate care.

Pharmaceutical rebates are discounts provided by drug manufacturers to pharmacy benefit managers (PBMs) based on the volume of medications dispensed. RxPreferred manages these rebates through a fully transparent, pass-through model, ensuring that plan sponsors receive the full benefit of any rebates negotiated. Our approach allows clients to see the actual rebate amounts and how they impact overall pharmacy costs, enabling better financial decision-making and enhanced savings.

RxPreferred is committed to transparency in all aspects of our pharmacy benefit services. We utilize a pass-through pricing model that allows plan sponsors to see all costs associated with their pharmacy benefits, including drug pricing, administrative fees, and rebates. Our detailed reporting and analytics provide clients with insights into their pharmacy spending, enabling informed decision-making. We believe that transparency fosters trust and helps our clients achieve their financial and clinical goals.