On this episode, Dae Lee, Pharm.D., Esq., CPBS , and Harini Bupathi, Esq, attorneys at Frier Levitt, engage in a thought-provoking conversation on the evolving landscape of pharmacy benefit manager (PBM) audit strategies, regulations, and enforcement. The discussion covers notable trends in PBM audit strategies, challenges and opportunities for pharmacies in 2024.

Key Takeaways

1. PBM audit strategies are continually evolving, and pharmacies should stay vigilant in adapting to emerging trends.
2. The challenges and opportunities for pharmacies in 2024 are intricately linked to the dynamic regulatory landscape surrounding PBMs.
3. Proactive measures, robust compliance programs, and thorough documentation are essential components for pharmacies to minimize risks and disruptions.
4. Pharmacies should be mindful of common pitfalls when engaging with regulatory bodies post-PBM audit.