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Procurement Field Reference

Guides and insights that make procurement make sense, cut proposal waste, and help buyers and suppliers move faster, for novices and experts.

Hire a PBM or Start Looking for a Better one.
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11 Signs It’s Time to Hire a PBM or Start Looking for a Better One

Hiring a Pharmacy Benefit Manager (PBM) is rarely something a company plans years in advance. Most organizations gradually arrive at that point. Pharmacy costs increase. Employees begin…

July 21, 2026 12 min
Is Traditional PBM Pricing Dead?
PBM

Is Traditional PBM Pricing on Its Death Bed? Why Pass-Through Models Are Gaining Ground

Traditional Pharmacy Benefit Manager (PBM) Pricing is not dead. But it might be fair to ask whether it is on its death bed. The market…

July 14, 2026 16 min
Hiring a PBM represented by the illustration of a woman at a grocery store.
PBM

Hiring a PBM: How Smaller Companies Can Become More Attractive to Pharmacy Benefit Managers

Hiring a Pharmacy Benefit Manager (PBM) is not only about deciding which vendor is attractive to your company.  It also works the other way around….

July 9, 2026 15 min
PBMs Judge RFPs and use Bid/No-Bid process to decide.
PBM

How PBMs Judge RFPs: 12 Hidden Bid/No-Bid Decision Markers Behind PBM Procurement

PBM RFP, bid/no-bid decision, PBM procurement, PBM vendor selection, PBM proposal process, PBM RFP requirements, PBM sales process, PBM implementation risk, Proposals for Requestors, PfRs

July 6, 2026 17 min
Illustration of a man looking at his laptop with the words 13 More Essential PBM proposal terms
PBM

13 PBM Proposal Terms: Why a PBM Proposal Is More Than a Price Quote

A Pharmacy Benefit Manager (PBM) proposal is not a simple price quote. For organizations new to the Request for Proposal (RFP) process, this is one…

July 2, 2026 14 min
Illustration of construction workers installing a Pass Through Pricing gear to replace Traditional Pricing.
PBM

Pass Through Pricing Is the New PBM Reality: Why Efficiency Has to Replace Margin Complexity

Pharmacy Benefit Manager (PBM) pricing is moving into a new era. For years, many PBM arrangements have been evaluated through a mix of discounts, rebates,…

June 30, 2026 13 min
Group of business people gathering self-funded employer pbm rfp data
PBM

Self-Funded Employer PBM RFP Data: What to Organize Before Vendor Selection Begins

PBM RFP, self-funded employer, PBM vendor selection, pharmacy benefits data, claims data, PBM rebates, specialty pharmacy, formulary, pharmacy network, PBM guarantees, PBM audits

June 26, 2026 14 min
A group of business people review the lack of RFP Standards in legacy RFPs.
PBM

RFP Standards Are Missing in PBM Procurement: Why Every Response Becomes Painful Work

Request for Proposal (RFP) standards are one of the biggest missing pieces in Pharmacy Benefit Manager (PBM) procurement. For PBM executives and sales teams, this…

June 16, 2026 11 min
Female Pharmacist shows signs of SME fatigue while surrounded by RFP documents and request notifications.
PBM

SME Fatigue in PBM RFPs: The Hidden Cost of Reusing Your Most Expensive People

Subject Matter Expert (SME) fatigue is one of the most overlooked costs in the Pharmacy Benefit Manager (PBM) Request for Proposal (RFP) process. For health…

June 12, 2026 13 min
Businessman Climbing Stairs Showing PBM RFP process has too many steps compared to PfRs
PBM

The PBM RFP Process Has Too Many Steps: Why PfRs Reduce Procurement Waste

The Pharmacy Benefit Manager (PBM) Request for Proposal (RFP) process is often treated as the default path for selecting a pharmacy benefit partner. For health…

June 9, 2026 9 min
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Smarter Vendor Selection and Procurement Methods

Insights and best practices for procurement professionals. Learn about RFPs, RFQs, RFIs, and modern sourcing strategies.

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