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

Saturday, October 6
12:30-2 p.m.

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, Senior Vice President and Chief Operating Officer, NCPA, Alexandria, Va.
Ronna Hauser, PharmD, Vice President, Pharmacy Policy and Regulatory Affairs, NCPA, Alexandria, Virginia
Scotty Sykes, CPA, CGMA, Sykes & Company, P.A., Edenton, N.C.
Chris Smith, RPh, Director, Product Strategy - Pharmacy, Inmar, Winston Salem, N.C.
Melanie Maxwell, MHP, MPH, Senior Vice President, Pharmacy Services, Pharmacy Providers of Oklahoma

Pharmacist and Pharmacy Technician Learning Objectives:

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

302

ACPE # 0207-0000-18-307-L04-P

ACPE # 0207-0000-18-307-L04-T

1.5 contact hours (0.15 CEUs)

Activity Type: Application-Based