The Pharmacy Unit oversees the rebate programs. DVHA's Pharmacy Benefit Manager, Change Healthcare, manages the rebate processes. Rebates are invoiced every quarter. The measure shows an estimated net spend because it is based on rebates invoiced, not rebates collected.
The rebate program is vitally important to DVHA’s overall healthcare spending. DVHA receives approximately 60-65% of its drug spend back in the form of federal, state and supplemental rebates.
Optimally, we manage drug spend by maximizing rebate opportunities and preferring drugs that have the lowest net cost to DVHA and meet the clinical needs of our members.
Last updated: 09/15/2020