HRx Webinar: Pulling Back The Curtain On PBMs

Pharmacy Benefit Managers - Pharmacist by Rows of Medications

Pulling Back The Curtain On Pharmacy Benefit Managers (PBMs)

Recorded on April 15, 11:00 AM - 12:00 PM EDT

Since 1987, total prescription drug expenditures have skyrocketed 1010% and per capita expenditures have increased 756%. These devastating numbers are due to the lack of transparency and unnecessary hidden fees in the world of pharmacy benefit management. While pharmacy remains the fastest growing segment of healthcare, it also represents the lowest hanging fruit for cost containment.

Sit back and watch pharmacist-turned-PBM expert, LeAnn C. Boyd, unveil the proverbial curtain on how PBMs generate revenue and use contract trickery to get plan sponsors nothing more than a wooden nickel – all while watching the profits of PBMs soar. LeAnn will talk about how and why this is happening, and more importantly, what plans can do to help bend the prescription cost curve.

It’s now time for prescription benefits to be employer and patient focused – not profit focused.

About the Speakers

HRx - LeAnn
LeAnn C. Boyd, PharmD, Guest Speaker
Southern Scripts

LeAnn C. Boyd, PharmD, is a Founding Partner and Chief Executive Officer for Southern Scripts. LeAnn has close to two decades of experience in health care with an emphasis in the pharmaceutical space. LeAnn’s various professional experiences have allowed her to appreciate managed care pharmacy from many perspectives: health plan, health system, PBM, disease management, clinician, and community pharmacy provider. LeAnn has a deep passion for redefining pharmacy benefit management and developing innovative models for the self-insured employer market.

Prior to founding Southern Scripts, LeAnn gained significant pharmacy benefit management experience as the Director of Pharmacy for Beyond Rx, Pharmacy Consultant for Pharm Assess, Medication Therapy Management Network Administrator for Third Party Station, and Director of Clinical Services for RxSolutions. LeAnn, along with her husband and father, owned and operated pharmacies in the retail and long-term care environments providing home infusion, compounding, specialty pharmacy, and the Pills In A Pouch medication adherence packaging program.

Additionally, LeAnn has held board member seats for the Louisiana Drug Utilization Review, the Louisiana Pharmacist Association, the American Pharmacist Association Policy Committee, and Louisiana’s representative to the Academy of Managed Care Pharmacy’s Legislative Action Committee. LeAnn currently serves on the Northwestern State University’s College of Business Advisory Board.

LeAnn is a summa cum laude graduate from the University of Louisiana at Monroe holding a Doctor of Pharmacy degree and completed a primary care residency with the University of Mississippi Medical Center. LeAnn is a native of Natchitoches, Louisiana, where she resides with her husband, Steve also a Founding Partner of Southern Scripts. They are the proud parents of three children, Landon, Lilly Ann, and Lacey.

HRx - Jennifer
Jennifer Hayes, Host
Human Resources Practice Leader, Clark & Lavey Benefits Solutions, Inc.

As Clark & Lavey’s Human Resources Practice Leader, Jennifer provides first-class service for our clients. She has over 18 years of hands-on experience assisting members in developing, designing, and growing businesses in the United States and abroad. As a certified NLP instructor, Jennifer incorporates this method of learning into both her content and delivery of trainings.