What does PMOA mean in MANAGEMENT
PMOA stands for Pharmacy Management of America. It is a leading pharmacy benefit manager (PBM) in the United States. PBMs are companies that manage prescription drug benefits for health plans, employers, and government programs. PMOA provides a wide range of services to its clients, including:
PMOA meaning in Management in Business
PMOA mostly used in an acronym Management in Category Business that means Pharmacy Management Of America
Shorthand: PMOA,
Full Form: Pharmacy Management Of America
For more information of "Pharmacy Management Of America", see the section below.
» Business » Management
- Negotiating drug prices with manufacturers
- Developing and managing formularies
- Providing utilization management services
- Processing and paying pharmacy claims
- Providing customer service to members
Services Offered By PMOA
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Negotiating drug prices with manufacturers: PMOA's size and scale give it significant purchasing power, which it uses to negotiate favorable drug prices with manufacturers. This helps to reduce the cost of prescription drugs for its clients and members.
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Developing and managing formularies: A formulary is a list of drugs that are covered by a health plan. PMOA develops and manages formularies that are designed to provide patients with access to the most effective and affordable medications.
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Providing utilization management services: Utilization management is a process of reviewing and managing the use of prescription drugs. PMOA's utilization management services help to ensure that drugs are being used appropriately and cost-effectively.
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Processing and paying pharmacy claims: PMOA processes and pays pharmacy claims for its clients and members. This includes verifying that the prescriptions are covered by the plan and that the claims are accurate.
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Providing customer service to members: PMOA provides customer service to members who have questions about their prescription drug benefits. This includes answering questions about coverage, formularies, and utilization management.
Essential Questions and Answers on Pharmacy Management Of America in "BUSINESS»MANAGEMENT"
What is Pharmacy Management Of America (PMOA)?
Pharmacy Management Of America (PMOA) is a national pharmacy benefit manager (PBM) that provides prescription drug benefits to health plans, employers, and government programs. PMOA works with pharmacies to negotiate drug prices, manage drug utilization, and provide other pharmacy services.
What services does PMOA offer?
PMOA offers a wide range of services, including:
- Pharmacy benefit management
- Mail-order pharmacy
- Specialty pharmacy
- Disease management
- Utilization management
- Fraud, waste, and abuse prevention
- Data analytics
Who are PMOA's customers?
PMOA's customers include health plans, employers, and government programs. PMOA serves over 20 million members through its clients.
How does PMOA help its customers save money on prescription drugs?
PMOA helps its customers save money on prescription drugs by negotiating discounts with pharmacies, implementing utilization management programs, and providing other cost-saving services.
How can I contact PMOA?
You can contact PMOA by phone at 1-800-825-6867 or by email at [email protected].
Final Words: PMOA is a leading PBM that provides a wide range of services to its clients and members. PMOA's focus on providing affordable, high-quality prescription drug benefits has made it a valuable partner for health plans, employers, and government programs.