Pharmacy Benefit Management

Workers’ Compensation Pharmacy Benefit Management

From initial claim to settlement, Preferred Medical offers a proactive, hassle-free approach to pharmacy benefit management. With our individualized and comprehensive strategies, payers and their adjusters can make a more significant impact on the clinical outcomes for an injured worker while managing expenses. Our responsive, tenured pharmacy team helps you get in front of high-risk, high-dollar claims through effective network penetration strategies that simplify claim administration.

Benefits of Preferred Medical’s Pharmacy Services include:

• Responsive, always available team
• Maximize clinical outcomes with drug utilization review programs
• Earlier intervention on high-risk claims
• Ensure clinically appropriate medications
• Convenient, comprehensive pharmacy network
• Significant cost savings with robust in-network strategies
• Fewer out-of-network and third-party bills
• Easy referrals and care coordination
• Access to our robust claim portal
• Customized reporting and analytics
• Jurisdictional expertise

Comprehensive Pharmacy Benefit Management