Is the PBM expected to verify the credentials of all pharmacies in its network?
Response: Yes. With this new mandatory standard, an organization is required to have a policy and/or documented procedure for verifying its network pharmacy’s credentials. The verification must include facility state licensure, DEA registration, and professional liability insurance. The organization must also verify the determination of the absence of government debarment and the ability to transmit transactions electronically.
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- Is the PBM expected to verify the credentials of all pharmacies in its network?
