How is RESTAT PBM (Prescription Benefit Manager) different from other PBM companies?
Rebates, discounts, formularies, clinical review and other tools in the pharmacy benefits management arsenal have long served as the foundation of an innovative lowest-net-cost strategy that the nation s fourth largest PBM pioneered in 1985. In addition to competitively providing the functions of administration, network management, formulary design, rebate revenue, billing, reporting, and other basics; RESTAT brings a long history of stable, consistent service and value. RESTAT brings opportunity, value and revenue to our provider partners and continues to do so in this increasingly aggressive marketplace. RESTAT advantages • Our systems are reliable with less than 0.5% downtime. • Our clinical services and formulary are focused on real cost reductions. Administering RESTAT s cost containment programs can lead to savings in excess of 15% of total drug spend over the first year. • Our customer and client service is high quality receiving a satisfaction rating of over 96% satisfied custo