Last week, we spoke about the history behind drug rebates in the pharmaceutical industry and why they exist. This week we’re going to expand on that a little bit and speak about the process of rebates and how pharmacy benefit managers (PBMs) are involved in the rebate process. PBMs have become a hot topic in the pharmaceutical industry due to their involvement in a multitude of processes in the world of pharmacy. That in mind, their true role and utility in the pharmacy world has also come under scrutiny recently with certain practices being questioned.
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