Prescription Path Partners

Prescription Path Advisors is a consulting firm specializing in pharmacy benefits management (PBM) for employers, unions, and other plan sponsors. The company focuses on reducing prescription drug costs while maintaining quality care through strategic PBM vendor selection, contract optimization, and clinical program implementation. Key Services PBM Vendor Procurement: Assisting clients in selecting optimal vendors through competitive bidding processes and RFPs. Contract Audits & Negotiations: Identifying hidden fees, auditing pricing models, and negotiating contract terms to align with client goals. Clinical Program Design: Implementing formulary strategies, prior authorization protocols, and specialty drug management programs. Compliance Monitoring: Ensuring adherence to evolving state/federal regulations like CMS guidance and ERISA requirements. The firm emphasizes transparency in PBM practices, advocating for pass-through pricing models and eliminating spread pricing arrangements. Its approach combines data analytics with industry expertise to address challenges like rising specialty drug costs and manufacturer rebate complexities.