PBM Audits commonly review prescription hard copies, signature/delivery logs, drug invoice purchases, proof of copayment collection, proof of prescriber/patient relationship, patient consent to fill, and non-resident state licensure. PBM Audits are just one of the many hurdles your pharmacy will inevitably face while you strive to serve patients. Poor audit findings lead to extensive financial …
Monthly Archives: April 2021
How to Respond to a PBM Audit Notice
Pharmacies are plagued by the burdens of addressing the terms of their pharmacy benefit manager (PBM) agreements, whether those terms are reasonable or not. Pharmacies are dogged with PBMs wielding their power by initiating a PBM audit – sometimes to root out actual discrepancies, sometimes to injure your business in favor of the PBM’s own affiliated …
New Scam Targeting Arizona Pharmacists
The Arizona State Board has announced an emerging new scam designed to access your money via a transfer of funds request. The scammers claim to be calling from the Arizona State Board of Pharmacy and have even managed to “spoof” some of the Board’s telephone numbers, lending credence to their false claims. Once they have …