Pharmacy Benefits Management
Delivering full-service pharmacy benefits management services to our clients is a priority for Commonwealth Medicine, the health care consulting division of UMass Medical School.
Through our nonprofit affiliate MedMetrics Health Partners — one of the nation’s first nonprofit pharmacy benefits management organization — we offer comprehensive services that combine academically-driven, evidence-based clinical programming and a transparent business model with no hidden revenue sources.
Our collaborative, flexible process allows clients to see the flow of money and the impact of the services we provide, facilitating the effective management of their benefits programs. Our transparency and business integrity assist us as we work to deliver dramatic cost savings to our clients, while simultaneously strengthening their clinical pharmacy management programs.
The primary compensation model at MedMetrics involves only a per-member per-month administrative fee — without the hidden arrangements and undisclosed payments that have traditionally masked revenues to pharmacy benefits managers. Our nonprofit business model fully aligns our incentives with those of our clients. This creates more open, informed, and collaborative working relationships and a greater ability to achieve mutually beneficial goals and objectives in pharmacy benefits management: lower plan costs and higher performance.