Prescription price shock: Providence finds solutions in many places
Providence Health Plan is taking a multi-pronged approach to containing runaway prices for specialty drugs.
For one thing, the insurer is targeting the unit cost of drugs and relying as much as possible on Providence Health & Services' own specialty pharmacy.
"We're working really diligently to keep unit costs at the most cost-efficient level, so that drugs are not used as a primary way to gain margin, in terms of profit," said Helen Noonan-Harnsberger, Providence Health Plan's director of Pharmacy.
For…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Elizabeth Hayes Source Type: news