AMCP To Test New Guidelines For Formularies

The Academy of Managed Care Pharmacy thinks there's a better way for health plans and pharmacy benefit managers to make formulary decisions than by simply looking at line-item budget figures.

AMCP will test a set of guidelines for pharmacy and therapeutics committees to follow when adding or removing products from formularies. Intending its guidelines to "rationalize" decision making, AMCP will study the effect of formulary decisions on outcomes for given populations. The guidelines also are meant to assist drug manufacturers in producing economic data that are useful to P&T committees.

The standards are modeled on submission guidelines used at Seattle's Regence Blue Shield.

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HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

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