PBM Rebate Operations: follow your money
PBM Rebate Operations: follow your money
1 PagesConduent’s PBM Rebate Operations solution helps states maximize value, accuracy, and transparency in Medicaid rebates by separating rebate contracting from operations such as accounting, invoicing, and billing. Under the Medicaid Drug Rebate Program, complex state and federal rules govern reimbursements, with many states joining multi-state pools to boost negotiating power, though not all provide equal value. Conduent offers end-to-end rebate processing, real-time reporting, and 100% CMS compliance. With 30 years of Medicaid PBM experience, they process 165M claims annually, manage $3B in pharmacy claims and $5B in rebates, and achieve a 98% collection rate.
