The Vendor is required to provide pharmacy and clinical programs analyze data, forecast drug utilization trends, conduct financial auditing, and perform pharmacoeconomic modeling with cost and benefit analysis on a federal, state, and commercial level.
- Quarterly analysis of new pharmacy initiatives including:
• Recommendations;
• Financial analysis;
• Cost savings and benefit;
• Projected, actual and realized savings comparisons for those initiatives; and
• Review methodologies required to ensure that deliverables provide information that reflects the state’s current environment.
- Partner with actuarial pharmacy expertise on a federal, state and commercial level to support analytical and clinical services for the department.
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