Consulting Services

You’ll benefit from our proven, four-step process that provides the structure and sequence for our relationship and activities. Plus, you’ll receive customized reports that serve as the capstone of each step.

Quantify

After Health Strategy analyzes your pharmacy benefit performance for the past year, we compare it to current market conditions and our view of market competitive contractual guarantees. Finally, we share how much more you could benefit from innovative cost-avoidance strategies such as contracting directly with retail pharmacies. Start your next contract renegotiation or open-market RFP with the intelligence you need to come out ahead.

Compare multiple scenarios.

In addition to eliminating contract vulnerabilities identified in the Assess step, our team can develop multiple scenarios for maximizing your pharmacy benefits investment. With an understanding of your company goals and level of satisfaction with your current PBM, our scenarios may range from a renegotiation all the way to a fully customized network and formulary strategy.

Deliverable

Savings Feasibility Assessment

Health Strategy clients receive a Savings Feasibility Assessment at the end of the Quantify step. Based on 12 months of claims data, your contract vulnerabilities, and an evaluation of multiple scenarios for your company, we provide customized savings projections.

Download Sample Assessment

“We engaged Health Strategy to help guide our pharmacy strategy in 2010 and have been working with them ever since. The return on investment every year has been greater than 15:1.

Health Strategy is engaged on every one of our PBM and pharmacy related calls to ensure they are up to speed on all facets of our pharmacy benefit. They weigh in and provide recommendations on all pharmacy strategy decisions. Working closely with us, they created our plan design, created a custom formulary and provide ongoing management of it. These items have allowed us to enjoy a world class 89% generic dispensing rate with significant annual savings.”

–Benjamin Ryder, Sr. Benefits Manager, Whirlpool Corporation