New regulatory requirements come up frequently. We have to dedicate resources to stay on top of these instead of focusing on innovations.
From changing National Council for Prescription Drug Programs (NCPDP) standards to evolving federal policy changes, PBMs frequently face a “build or buy” decision to comply with the newest conditions and mandates. Failure to comply can result in financial penalties that jeopardize organizational performance but dedicating technical resources to these continually changing needs can impede the progress you need to make on innovative solutions.
The right partner can remove the compliance burden from your IT staff and ensure regulatory compliance while freeing up your IT resources to focus on solutions that drive revenue growth, productivity improvement, and operational flexibility.
DrFirst’s deep medication management expertise can readily respond to your compliance needs so that your PBM can position itself to respond to new opportunities created by healthcare’s current, rapid evolution.