Stretch scarce resources and support more eligible patients with vital medications.
Phoenix PBM is a full-service 340B vendor that helps hospitals and federally qualified health centers (FQHCs) stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.
340B programs are designed to equip FQHCs, hospitals, and other qualified entities with a vehicle to offer discounted medications to underserved populations.
The 340B Drug Pricing Program is a federal program that requires drug manufacturers participating in the Medicaid drug rebate program to provide covered outpatient drugs to enrolled “covered entities” at, or below, the statutorily-defined ceiling price. Participating covered entities report savings that range between 25-50% of Average Wholesale Price (AWP) for covered outpatient drugs as a result of 340B discounts.
For entities new to the 340B program, we offer guidance to take you through the enrollment process. We help current entities remain in compliance with program requirements. And we provide seamless accounting, dispensation and claims support, and manage restrictions and opportunities on your behalf.
Free Implementation Support
It is our business and privilege to help you design and submit a plan to gain manufacturer assistance, $0 Rx Copay for certain specialty meds, and up to 80% in employer savings.
Virtual Inventory Management
Gain secure access to transparent, timely data and pharmacy cost reporting. Phoenix PBM integrated web and dashboard technologies will help you make the best decisions for your members.
Phoenix is experienced with and knowledgeable about the complexities of union benefits, Taft-Hartley administration documents, and related government regulations to keep your organization secure and compliant.
A PBM partner that provides options for a variety of industries.
Phoenix customizes plans for industries, organizations, and individuals. Because we don’t rely on the same solution for every end user, you can trust you are getting the plan that is most appropriate for your day-to-day and specialty needs.
Better information drives better solutions, better savings, and better health.
What They Say:
“The Savings Card really works! The retail cost was $118.99 and I used the Phoenix Card and paid $10.87. Wow, AMAZING SAVINGS!! Thank you Phoenix, for this wonderful card!”
– Thomas, Florida RxAdvantage Cardholder