Processes

What will AGI do for Manage drug Formulary?

A scheduled review cycle initiates, or a new prescription drug enters the market following regulatory approval.

Trigger
A scheduled review cycle initiates, or a new prescription drug enters the market following regulatory approval.
Outcome
The health plan's approved list of covered medications is updated, categorized by cost-sharing tiers, and distributed to claims systems and stakeholders.

The work itself

Grounded Work Profile

Measured by

  • Pharmacy Cost Per Member Per MonthprocessProfile
  • Generic Dispensing RateprocessProfile
  • Formulary Update Cycle TimeprocessProfile
  • Rebate YieldprocessProfile

Key steps

  • Monitor regulatory approvals and drug market changesprocessProfile
  • Conduct clinical evaluation via Pharmacy and Therapeutics committeeprocessProfile
  • Analyze financial impact and negotiate manufacturer rebatesprocessProfile
  • Assign medications to formulary tiers and define utilization rulesprocessProfile
  • Update pharmacy benefit systems with new coverage criteriaprocessProfile
  • Distribute updated formulary guidelines to members and providersprocessProfile

How AGI delivers it

Four ways AGI delivers for Manage drug Formulary

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Manage drug Formulary connects

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