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	Podcast:		Public Risk Management
	Episode:		The True Cost Of Pharmacy
	Category:		Government & Organizations
	Duration:		00:20:46
	Publish Date:		2021-02-24 11:00:18
	Description:		This week we’re joined by Mark Morgan, President of Sherrill Morgan. He explains in-detail Pharmacy Costs - why they cost what they do and how Pharmacy Programs work today. There is a space between the Average Wholesale Price (AWP) and the Maximum Allowable Cost. This gap allows for arbitrary costs to be determined by a Pharmacy Benefit Manager (PBM). Mark shares how to address or avert the PBM situation. He also provides insight into four ways to save costs Acquisition Cost Indexing, Own Use Acquisition, Rebates, and 340B
	Total Play:		0