by Sumeet Singh | Dec 18, 2021 | Uncategorized
A PBM audit often invokes a great sense of dread by all the pharmacy’s employees but especially for the pharmacy owner. In 2020, the average PBM audit cost pharmacies close to $24k. This represents a 35% increase of the previous five years. To add to this stressful...
by Sumeet Singh | Dec 16, 2021 | Uncategorized
Letter from the CEO on 2022 Dear all, This time of year always brings a sense reflection – to understand the ups and downs of the year prior, and to plan for the year ahead. As you may know, 2021 was an amazingly transformative year for Pharma Solutions. The most...
by Sumeet Singh | Dec 2, 2021 | Mississippi, NCDQS, State Regulation, Wyoming
NCDQS 2021 Recap NCDQS has experienced extensive success in 2021, as industry and state regulating bodies recognize the value of transparency and efficiency in Accreditation and Inspection programs. Highlights include Wyoming’s approval of the QAS Accreditation...
by Sumeet Singh | Nov 18, 2021 | 503B Outsourcing Facility (503B), DEA, Manufacturer & Contract Manufacturer Organization (CMO) , NavigateSOM, Repackager, Third-Party Logistics Provider (3PL), Virtual Manufacturer (VM) & Private Label Distributor (PLD), Virtual Wholesaler (VW) & Broker, Wholesale Distributor & Reverse Distributor
Top SOM Insights from 2021 The continuous development and sophistication of NavigateSOM, along with helping clients meet their objectives, pushes Pharma Solutions to stay on the cutting edge of Suspicious Order Monitoring. Insight 1 of 10: SUPPORT Act The SUPPORT Act...
by Sumeet Singh | Oct 25, 2021 | Independent & Closed-Door Pharmacy, URAC
How to Lessen the Financial Burden of PBM Pharmacy Audits A PBM audit often invokes a great sense of dread by all the pharmacy’s employees but especially for the pharmacy owner. In 2020, the average PBM audit cost pharmacies close to $24k. This represents a 35%...