Boston, Mass. – Abarca, a pharmacy benefit manager (PBM) that is disrupting the industry with a completely new approach to technology and business practices, today launched Darwin, a smarter PBM platform, at AMCP’s Managed Care & Specialty Pharmacy Annual Meeting. Darwin is a first-of-its kind technology built from the ground up by Abarca to be […]
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Abarca Launches Darwin, A Smarter PBM Platform
April 25th, 2018 by Abarca NewsAbarca’s Chief Legal Officer, Adriana Ramirez, speaks at the 2018 PR Health & Insurance Conference
March 9th, 2018 by Abarca NewsSan Juan, PR – Adriana Ramirez, Abarca’s Chief Legal & Compliance Officer, was featured as a panelist at the Puerto Rico Health & Insurance Conference. This year’s conference focused on the opportunities for growth and change as Puerto Rico recovers from Hurricane María. Adriana was a featured speaker on the panel titled “Battling Fraud, Waste, […]
Quality Improvement
March 7th, 2018 by Abarca NewsPROGRAM DESCRIPTION The U.S. Centers for Medicare and Medicaid Services (CMS) requires Medicare Part D sponsors to have Medication Therapy Management Programs (MTMP) to ensure that qualified beneficiaries use safe and appropriate medications for their medical conditions. Under CMS guidelines, beneficiaries who qualify for MTMP include patients with multiple chronic diseases, those taking various Part […]
Abarca Receives PBMI Excellence Award for Quality Improvement Strategies
March 7th, 2018 by Abarca NewsPalm Springs, CA – Abarca today announced that it was awarded the Pharmacy Benefit Management Institute (PBMI) Excellence Award for Quality Improvement Strategies for its groundbreaking work on medication therapy management (MTM) programs. The award was based in part on Abarca’s success in helping a Medicare Part D plan improve from 3 to 5 CMS […]
Abarca & Amgen Enter Outcomes-Based Agreement for Repatha® (evolocumab)
February 22nd, 2018 by Abarca NewsMiami, FL – Abarca, a pharmacy benefit manager that is disrupting the industry with smarter technology and innovative strategies, today announced it has signed an outcomes-based contract with Amgen for the cholesterol-lowering drug, Repatha® (evolocumab). This agreement is the first of its kind involving Amgen’s Repatha and a standalone PBM. “In the future, our payers […]
Abarca brings together business leaders to exchange ideas on managing in times of change
February 22nd, 2018 by Abarca NewsOn February 9th, Puerto Rico’s most influential and inspiring business leaders came together to share ideas and hear from international business visionary Anthony Iannarino. The event brought together leaders from different organizations, industries, and expertise, but at the end of the day we all shared the same goals: learning, exchanging ideas, and developing meaningful connections. […]
Samir Mistry to be a Featured Panelist at the 2018 CBI Reimbursement & Contracting Conference
January 16th, 2018 by Abarca NewsPhiladelphia, PA – Samir Mistry, Abarca’s Vice President of Rebates and Pricing Strategies, will be a featured panelist at the CBI Reimbursement and Contracting conference January 24-25, 2018 in Philadelphia. Samir has been selected to lead two discussions that will cover best practices in developing innovative contracting and implementing effective pricing strategies, as well as […]
Abarca Receives URAC Accreditation Score of 100%
December 13th, 2017 by Abarca NewsWashington, D.C.— Abarca is proud to announce it has been again awarded URAC’s Pharmacy Benefit Management (PBM) Accreditation. This designation was given in recognition of Abarca’s high clinical, quality, and service standards. After undergoing URAC’s rigorous evaluation process, Abarca demonstrated full compliance with all URAC PBM Accreditation standards and earned a score of 100 percent […]
Abarca Continues to Strengthen their Commitment to Cyber Security Preparedness
December 9th, 2017 by Abarca NewsSan Juan, PR – Adriana Ramirez, Abarca’s Chief Legal and Compliance Officer, participated in the 6th Annual Cyber Forum: Cyber Risks … Meeting the Challenges, Monitoring Risks hosted by the Association of Certified Public Accountants of Puerto Rico. Adriana was a featured speaker on the panel titled “We have been breached …. Now, what?” where […]
What Amazon Can Really Deliver
December 4th, 2017 by Abarca NewsThe healthcare news has been abuzz with reports that Amazon, the company that upended the retail, publishing, movies, groceries, and countless other industries is now taking on the drug distribution channel. Think of the companies that Amazon has disrupted out of business (remember Borders? Blockbuster? Record stores?). Could drug stores and even PBMs? At Abarca, […]