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BeneftsoMaxors340BPharmacyManagementAssistanceinsettinguptermsofpatientdenitionEvaluatetheuseofcontractpharmaciesorhospitalpharmaciesaswellastheoptionoobtainingaretailpharmacylicenseOverallevaluationofcontractpricingUpdatedauditablerecordsCompliancewithalllawsandregulations-Havingmanaged340Bprogramssince2002wehaveextensiveknowledgeothestringentrecordkeepingrequirements.ShiptobilltoproceduresReducedcostofpharmaceuticalsExpandedpharmacyservicesforpatientsReviewtheeligible340BCoveredEntitiesintermsofpotentialsavingsromthe340BprogramAllsavingswillbepassedontothepatientandorhealthsystemThebestopportunityorrevenueandsavingsistooperateanoutpatientpharmacywhichisownedbytheCoveredEntity.Notonlywouldthispharmacybeabletoflleligibleprescriptionsoremployeesandotherhealthplanmembersusing340Bpricedproductbutitwouldalsobeabletofllorpatientsandacceptpaymentsromotherthirdpartypayers.ThirdPartyContractingMaxoremploysanin-houseContractingDepartmentresponsibleforPBMcontracting.TheContractingDepartmenthasbeenabletosecurecontractswithmorethan99othePBMsinthemarketplace.SignifcantsuccessandexpertisehasbeenmadeprovidingspecialtymedicationstoMedicarePartDrecipients.WealsoprovidespecialtymedicationstothosePBMswhodonotrestrictspecialtydrugstotheirin-housepharmacies.Reimbursementospecialtydrugsismuchdierentromtypicalpharmacyclaims.PBMcontractingdoesnotcoverallpayors.ManyplansincludingMedicarerequirecertainspecialtymedicationstobebilledasamedicalclaim.OurContractingDepartmenthasrelationshipswithmedicalpayorsandcancontractoryourpharmaciestohaveaccesstotheseplans.TheContractingDepartmentalsohasrelationshipswithcharityoundationsmanuacturersandindigentprogramstoobtainadditionalassistanceorspecialtymedications.