Formulary Benefit Design (FBD) Management Software

Simplify the management and publishing of FBDs with Agadia’s fully customizable web-based solution, FormularyHub.

ADDRESSING THE CHALLENGE OF FORMULARY MANAGEMENT

Evolving Complexities Require Innovation

As requirements around formularies rapidly grow in complexity, traditional formulary management strategies must evolve. Without innovations in technology to match the speed at which the market responds to new and changing drugs, Health Plans and PBMs are challenged by time-consuming tasks of administering and managing those formularies, as well as communicating formulary changes to relevant parties. Furthermore, growing complexities around state and CMS regulatory requirements for formulary creation and publishing drive the need for a streamlined and efficient process.

INTRODUCING AN END-TO-END FORMULARY MANAGEMENT SOLUTION

Control the creation, implementation and maintenance of custom and standard formularies with FBD software

FormularyHub simplifies formulary management by enabling Health Plans and PBMs to create, administer, manage and publish both pharmacy and medical benefit formularies through a centralized solution in an automated fashion. Integration capabilities with claims systems, e-prescribing networks, enterprise physicians and member-facing platforms in real-time eliminates manual processing and provides a true end-to-end approach to formulary management.

IMMEDIATE ACCESS TO CRUCIAL INFORMATION

Integrate Formulary Information in Real-Time with Formulary Benefit Design Software

Point of Adjudication Systems

Unlike traditional Formulary Management software, FormularyHub integrates in real-time with Point of Adjudication systems at the PBM.

E-Prescribing Networks & EMR Systems

FormularyHub provides real-time integration with e-prescribing networks to get critical formulary information to EMR systems.

Prior Authorization Software

When combined with Agadia’s Prior Authorization solution, PAHub, you can empower your PA department with real-time formulary information that enables doctors to effectively make critical decisions.

FORMULARY PUBLISHING

Automate the production of formulary guides

FormularyHub allows you to ensure compliance with state and CMS regulations for file submission and website publishing. Additionally, FormularyHub provides robust reporting capabilities, tracking all formulary file changes and configuration updates, and easily produces member-centric communications.

ENSURE COMPLIANCE

Meet All State & CMS Regulatory Requirements

Health Plans & PBMs can ensure compliance by leveraging FormularyHub’s built-in workflow engine for quality control measures, as well as the Formulary Reference File to create new formularies, update existing formularies, compare changes and submit content to CMS for approval. Schedule a demo of Agadia’s Formulary Benefit Design software today.

Phone

877-575-2533

Email

contact@agadia.com

Location

9 Campus Drive, Parsippany NJ 07054

Schedule Live Demo