Hospitals and Health Systems – Prescient Holdings Group

WHO WE SERVE

Health Systems & Hospitals

PHG allows healthcare facilities to focus on delivering high-quality patient care while benefiting from the clinical expertise and support of a benefits specialist.

HEALTHCARE PROVIDERS

A partner you can trust.

PHG can assist in quality improvement initiatives by optimizing medication regimens and ensuring that patients receive the most appropriate and effective treatments.

Partnering with PHG empowers health systems and hospitals to reduce costs, enhance efficiency, improve patient safety and adherence, ensure regulatory compliance, and provide better access to medications; giving your organization an upper hand in healthcare.

Our data-focused approach and extensive support team enable brokers and consultants to make informed decisions and track the effectiveness of benefit programs.

Game changing benefits for Health Systems

EXPERTISE

We bring specialized knowledge in pharmacy benefit management and assist healthcare facilities in navigating complex benefit designs, formularies, and regulatory compliance .

PATIENT SAFETY

We play a crucial role in medication safety, ensuring that patients receive the right medications at the correct doses and helping reduce the risk of adverse drug events.

MEDICATION ADHERENCE

Working with PHG improves medication adherence and patient compliance with prescribed regimens, leading to better health outcomes and reduced readmissions.

DATA ANALYTICS

PHG provides robust data analytics, enabling health systems and hospitals to track medication utilization, costs, and outcome, which can inform better decision-making.

FORMULARY MANAGEMENT

We assist in formulary development and management, ensuring that the most cost-effective and clinically appropriate medications are readily available to healthcare providers.

REGULATRORY COMPLIANCE

We help healthcare facilities navigate complex regulations related to medication procurement, dispensing, and billing. This reduces the risk of compliance issues.

PHARMACY NETWORK

PHG offers access to extensive pharmacy networks, ensuring that patients have convenient options for filling prescriptions, both within the hospital and in the community.

CONTINUITY OF CARE

Working with PHG helps healthcare facilities maintain a consistent supply of medications, reducing distruptions in patient care.

COST CONTROL

PHG excels at negotiating lower drug prices, and helping health systems and hospitals reduce the cost of medications, a substantial expense for any healthcare facility.

ACCESS TO MEDICATIONS

We provide access to a wide range of medications ensuring that health systems and hospitals can stock essential drugs and specialty medications for their patients.

COMPETITIVE MARKET CHECK

Discover potential savings you might be overlooking.

Are you considering a switch to a new formulary management and rebate aggregator? This free competitive market check will provide you with an estimate of the potential savings currently available to you, in just a few questions.

Why choose PHG?

Industry Leaders

We’re not just industry experts, we are a top 5 formulary management/rebate administrative service provider.

11 Million+ Covered Lives

We provide more coverage, including more than 200 plans covering commercial, medicare, medicaid, exchange LOBs.

Technology Driven

PHG is the industry’s technology leader in data analytics and competitive intelligence.

Independent

PHG operates independent of competing health plans or PBMs, allowing us to pursue the best options for our clients every time.

$2 Billion+ Rebate Revenue

More coverage means more rebate negotiating power. We’ve successfully aggregated over $2 billion in rebates for our clients.

Growth Minded

Since Jan 2023, we’ve added approximately 70 plan groups, doubled our workforce, and developed a cutting-edge technology platform for rebate optimization.

“My organization has been working with PHG for over a year, and my team continues to be impressed with the robust and comprehensive reporting package they provide. The level of detail and analysis is exactly what was lacking from our previous rebate aggregator. PHG's reporting package has become an invaluable tool for our PBM.”

"My PBM recently had the pleasure of onboarding with PHG, and I must say that their client services support was outstanding. From the initial consultation to the implementation process, their team was incredibly knowledgeable, responsive, and helpful."

“As a healthcare consultant in the market, working with the business development and underwriting team is an absolute pleasure. Their deep knowledge, expertise and professionalism has made client opportunities not only possible, but successful. I would highly recommend their services to anyone.”

"Our organization and partners appreciate working with PHG's clinical team who keeps our team up-to-date on the latest industry trends and market changes in real time. Their educational approach is thorough and engaging, and my team feels confident in our ability to make informed formulary decisions in collaboration with our clients based on the information and data PHG provides.

“PHG has a deep understanding of the complexities of formulary management and rebate aggregation and has been able to tailor their approach to meet our PBM’s specific needs. Thanks to PHG’s exceptional service, strategic contracting, and commitment to excellence, our PBM has been able to achieve substantial cost savings for our clients without sacrificing quality or service. PHG is truly an extension of our PBM business, and I couldn't be happier with their services.”