PBM Advisory Service Menu
- 1PBM contract audit: One-time review of current PBM contract for hidden costs and violations ($15,000–$50,000)
- 2PBM RFP management: Full RFP process from preparation to contract execution ($20,000–$75,000)
- 3Specialty drug management: Ongoing specialty drug cost management program ($15,000–$40,000/year)
- 4Biosimilar strategy: Biosimilar adoption strategy and implementation ($10,000–$30,000)
- 5Annual PBM advisory retainer: Ongoing PBM performance management and optimization ($2,000–$8,000/month)
- 6PBM market check: Annual competitive pricing analysis ($5,000–$15,000)
The Client Journey
Package PBM advisory services to create a clear client journey: (1) PBM contract audit — entry point that identifies savings opportunities; (2) PBM RFP management — implements the savings opportunities through a new PBM contract; (3) annual retainer — ongoing management to ensure the new contract delivers promised savings. Each service creates demand for the next.
Audit as Entry Point
IQ Insight
The PBM contract audit is the highest-value entry point for new client relationships. An audit that finds $200,000 in recoverable funds and $500,000 in annual savings opportunities is a compelling demonstration of value — and a natural pathway to PBM RFP management and an ongoing retainer. Price the audit as a standalone service ($15,000–$50,000) and use the findings to justify the full advisory relationship.