The pharmacy benefit management industry is fast-changing and complex. To confidently select a PBM vendor, you need a strategic business approach as well as detailed information targeted to your specific objectives. Trivantage’s insider PBM knowledge and proprietary tools empower you to make an informed decision, save money and increase overall benefit value.
Business Development
Here are just a few of the many organizations Trivantage serves
"The Trivantage knowledge and expertise as it relates to Pharmacy Benefits and PBMs, as specialists, goes much deeper than traditional consulting firms. Trivantage was able to identify for us PBM pricing and contract strategies only true specialists would know or understand. This knowledge enabled us to maximize our savings as we went through the RFP process. They continue to provide valuable support and insight as our on going pharmacy benefit resource. I strongly recommend Trivantage, their approach, professionalism and results to any organization that is serious about their pharmacy benefit."
Guardian Insurance Company:
"Trivantage exceeded our expectations in knowledge of the PBM marketplace and more importantly delivered significant hard dollars savings to The Principal. They were truly a complete partner to us throughout the RFP process and to us they were an extension of The Principal pharmacy team. The entire initiative from start to finish was a wealth of knowledge especially related to PBM pricing strategies and contract negotiations. Trivantage was able to compile mountains of data into digestible information which enabled us to truly understand each PBM's strengths and weaknesses. Lastly, their follow up and timeliness to meeting deliverable dates, emails and phone calls was excellent. I wholeheartedly recommend the team of professionals at Trivantage."
The Principal:
"The decision to hire outside, unbiased advice was critical as I looked at all of our options to analyze potential PBM opportunities. Assurant Health is not always the easiest carrier to satisfy since our expectations are so high. Trivantage's expertise and willingness to work the long hours to meet our very tight timeframe was instrumental in delivering a solution that was unanimously approved by Assurant Health Senior Management. I truly believe that no other consultants could have provided the value that Trivantage delivered to Assurant. I hope that our competitors do not find Trivantage and continue to use the usual PBM consultants."
Assurant Health:
"We have been extremely pleased with the initial and ongoing real savings we have achieved and continue to achieve by partnering with Trivantage. Trivantage's insider knowledge of the PBM industry has proven to be invaluable in contract negotiations, as well as in auditing and establishing checks and balances relating to PBM promises. In addition, we find the ongoing pharmacy consulting advice from Trivantage on various pharmacy initiatives and programs to be an absolute necessity."
Trustmark Insurance Company:
"There is a huge need in the pharmacy benefit consulting industry for some independent people with a real strong knowledge of the PBM industry and its methods. Trivantage is a boutique pharmacy benefit consulting firm that fills that need. They are experts that focus on the detailed nuances which are commonly overlooked by traditional consulting firms. As we negotiated our contract terms, Trivantage, established key criteria asked the right questions which helped us reach favorable contract terms. I would highly recommend their services."
Wisconsin Physician Services:
"We initially engaged Trivantage Pharmacy Strategies to develop and coordinate an RFP process in the selection of a PBM vendor for our self-insured clients. The RFP developed was extremely detailed and identified areas that PBMs had to address based on Trivantage's criteria and definitions. We have found the professionals at Trivantage to be knowledgeable, flexible and most important, responsive in meeting our expectations throughout our association. We are fully confident in their ability to continue to deliver value added services to benefit our prescription drug clients."
CoreSource:
"For years PHP had relied on other consultants to contract with a PBM. In general, we were provided little information with which to make decisions and did not get the information transparency we were seeking. Trivantage served as a buyer's agent to open up the PBM process to us and provided real insight. Their staff has solid knowledge of the industry and of its inter-workings. We continue to believe that Trivantage has provided PHP with real value."
Physicians Health Plan of Mid-Michigan
" Trivantage, our pharmacy benefit consultants, helped us save on our pharmacy benefit as a result of their specialized expertise. Through their in-depth request for proposal document, airtight PBM contract and annual auditing of those elements, Trivantage has proven they have a deeper understanding of how the business works than any other consulting firm we’ve experienced. We’re very pleased with their responsiveness, and find them to be thorough and helpful in all aspects of the pharmacy benefit program ."
Circuit City :
"We have been extremely pleased with the outstanding expertise and professionalism demonstrated by Trivantage Pharmacy Strategies in conducting a RFP and negotiating a new pricing structure for our prescription benefit management contract. Their consultation demystified the arcane PBM world and will result in substantial savings in the prescription drugs costs to the local union health and welfare funds in our industry. I would highly recommend Trivantage to any organization negotiating a new prescription benefit contract."
International Union of Operating Engineers:
"Our sincere thanks for the stellar work you and the Trivantage team did to help educate our members and conduct an extensive, unbiased analysis of each PBM bidder as the AFL-CIO Employers Purchasing Coalition made its PBM award. We greatly appreciated Trivantage's technical expertise, professionalism and adherence to the project timeline. Without your detailed approach and use of the Trivantage contract document, we sure we would have left money on the table. In addition, your willingness to understand the unique facets of organized labor and incorporate into your approach for this project was invaluable. We look forward to your ongoing support and annual audits."
AFL-CIO Employers Purchasing Coalition:
"Trivantage's inside knowledge of the PBM industry was enormously effective in putting us on equal footing with PBMs during negotiations. Because Trivantage's principals have been on the "other side," they were able to help us look for and address particular pricing strategies that we might not otherwise have been aware of. We're so pleased with Trivantage's results that we've retained the firm to continue helping us provide a high-level of service and cost-effective product to our some 30,000 participants and dependents."
New York State Nurses Association Benefits Fund:
"Trivantage was of great assistance to us during our PBM selection process. Their RFP was extremely detailed and enabled us to accurately compare each PBM's offer as well as to achieve significant savings. Trivantage performs detailed claim audits on our behalf resulting in the recovery of substantial funds when the negotiated contractual discounts were not achieved. In addition, Trivantage provides us with on-going pharmacy consultative support and expertise. I would strongly recommend Trivantage."
Roundy's Supermarkets, Inc:
"We started working with Trivantage in early 2002 and year after year they continue to save our partners significant dollars on their drug program. Zywave prescription drug program represents over 425,000 members throughout the United States. Initially, Trivantage conducted a very detailed RFP for the entire network, and negotiated unbeatable drug rates for our partners and their clients. In addition, in the renewal process, Trivantage exceeded our savings expectations and kept our pharmacy program on the cutting edge. The experience of their consultants to analyze deep into the details confirms the fact that no other consulting firm posses the specialized expertise that they do. I value the strategic clinical consulting services and advise I receive from their team of consultants. Lastly, having an ongoing pharmacy benefit resource in Trivantage keeps us in control when dealing with pharmacy benefits and PBMs. "Trivantage is truly an integral part of our team."
Zywave, Inc: