Contracting with Third Party Payers: What You Never Knew You Didn't Know

You know MAC and AWP, but do you know GER, BER, and DFER? These are the new contract terms that may define your dispensing bottom line. This can't-miss session explores old and new contract terms that impact pharmacy payments – definitions, calculations, and what it means for your business.

Walk away with:

  • Tips on understanding and reviewing contract provisions.

  • Tips to manage Generic Effective Rate, or GER, and other contract terms in third party contracts.

  • Insight into the impact of GER and other terms on financial opportunities and accounting.

Speaker:
Patrick Berryman, Chief Operating Officer, NCPA, Alexandria, Va.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Describe common contracting terms like GER, BER, and DFER.
  2. Review strategies for managing key rate terms in third party contracts.
  3. Hypothesize the impact of GER and other terms on financial opportunities and accounting.