Helping PBMs achieve the lowest net drug cost
A zero-risk solution for unrivaled cost management
Contact UsThe Thirdwave solution is a unified drug cost management platform that combines advanced automation and pharmacy expertise to help PBMs achieve the lowest possible net spend for your clients.
We take a fundamentally transparent approach, delivering clearly defined values and calculations. This supports more stability within the system, allowing for positive outcomes for all entities, including patients, providers, payers, PBMs, and manufacturers.
Our Services
- Automated Submissions
- Robust Analytics and Reporting
— Drug Utilization Review
— OTC & Waste Management - Formulary Design and Review
- Therapeutic Interchange Letters
We automate monthly data submissions. You receive payments monthly.
As the industry’s leading drug cost management platform, we manage multiple partnerships to find optimal formulary arrangements that improve outcomes and avoid member disruption.
What you can expect:
- A transparent partner
- The fastest process possible
- Complete control over your client relationships and financial transactions
- Flexibility to work with your entire book of business or specific clients
On an ongoing basis, our experts utilize Thirdwave adjudication and reporting solutions to conduct net cost analyses that help identify additional opportunities to manage drug spend.
With a wealth of actionable data at your fingertips, you can make a meaningful impact for your clients, supporting stronger relationships and improving the vitality of your clients’ businesses.
Human intelligence + advanced automation =
your lowest net drug cost
Savings achieved
Pharmacy operations, rethought.
5-10%
Avg. net cost savings as share of total drug spend
4-6%
Additional Incremental Savings
Start controlling costs today
Contact one of our experts to learn how Thirdwave can help you achieve the lowest net cost.