This white paper provides a brief history of PBMs, describes what’s broken in the PBM industry, notes that the strengths of health systems support a realigned PBM model, and advises partnering with an outside resource when launching an integrated PBM.
- The PBM industry has consolidated into a handful of misaligned and dominant players.
- Consolidation has reduced competition and driven up prices.
- Health systems can leverage their unique strengths to create a better PBM model.
