Contracting and Formulary Optimization Services
ICORE has developed a model preferred rebate contract portfolio that is based on clinical quality considerations while factoring in cost implications. Our health plan customers select the drug classes that meet their needs and then make a clinical determination to adopt ICORE’s preferred drug offerings in each class.
To enable health plan customers to maximize cost savings, ICORE supports formulary compliance through unique comprehensive formulary optimization services. Through our formulary optimization program, we:
- Develop strategies based on sound clinical practices and cost efficiencies;
- Improve formulary compliance with a dedicated team that develops and implements a tailored program for each health plan customer; and
- Monitor and report savings results.
ICORE has demonstrated significant savings for health plans by increasing formulary compliance for preferred drugs in each therapeutic category.
