At Abarca, we don’t believe in making simple things complicated. Here’s a perfect example: Consumers should be charged the lowest available cost for their medications. Although this may sound straightforward, somehow it is at the center of a heated debate. You may have seen one of the press accounts recently that some consumers are being […]
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Consumers should be charged the lowest available cost for their medications
October 27th, 2017 by Abarca NewsCarving Out Prescription Benefits
October 13th, 2017 by Abarca NewsTHE CHALLENGE A division of a Fortune 200 drug maker relied on a respected health plan for both medical and pharmacy benefits for several years. But as the group grew and the cost of the drug benefits increased, they considered contracting separately or carving out, pharmacy components of the benefit. A carve-out would give the […]
Abarca Announces Innovative Value-Based Contract with Biogen For Multiple Sclerosis
July 28th, 2017 by Abarca NewsSAN JUAN, PR — Abarca, a pharmacy benefit management (PBM) and technology company that serves more than two million lives across the nation, has signed a value-based reimbursement contract with Biogen Inc. (NASDAQ: BIIB) for select products in Biogen’s leading multiple sclerosis (MS) portfolio. This first-of-its-kind agreement between the companies offers an innovative approach to […]
Abarca’s Head of Pricing Strategies, Samir Mistry, is a panelist at Reimbursement & Access 2017
July 16th, 2017 by Abarca NewsPhiladelphia, PA — The market access, pricing, and reimbursement landscape is rapidly evolving as stakeholders shift to a value-based healthcare system. The transition to a value-based healthcare system, coupled with increasing drug pricing scrutiny and mounting uncertainty related to the potential repeal or replacement of the Affordable Care Act, creates tremendous challenges for biopharma manufacturers […]
Jason Borschow receives the Teodoro Moscoso Award from the PR Chamber of Commerce
June 15th, 2017 by Abarca NewsSan Juan, PR -The Puerto Rico Chamber of Commerce announced this year’s awarded entrepreneurs at their annual convention. Jason Borschow, chief executive officer for Abarca, was recognized with the Teodoro Moscoso Award which in the past has been handed to top entrepreneurs who have made an impact on the economic development of Puerto Rico. “We […]
Abarca’s client, Triple-S Advantage, receives 5-stars in Part D
October 13th, 2016 by Abarca NewsSAN JUAN, PR — Triple-S Management Corporation (NYSE: GTS), a leading managed care company in Puerto Rico; today announced the star ratings for its Medicare Advantage plans from the Centers for Medicare and Medicaid Services (CMS) for the payment year 2018. The purpose of this rating system is to provide Medicare beneficiaries with information to […]
Abarca’s Chief Operating Officer, Javier Gonzalez, is a panelist at the 2016 NASP Annual Meeting & Expo
August 26th, 2016 by Abarca NewsWashington, DC — Javier Gonzalez, chief operating officer of Abarca, will advise specialty pharmacy leaders on “Government Funded programs and Specialty Drugs: Changing Market Controls and Future Models” as a panelist for the 2016 NASP Annual Meeting & Expo, the most important specialty pharmacy conference in the United States. Moderated by Mike Agostino, Vice President […]
Adriana Ramírez, Esq. is one of Caribbean Business’ “40 under 40”
November 30th, 2014 by Abarca NewsSan Juan, PR – Adriana Ramírez, Esq., Abarca’s General Counsel, was named to Caribbean Business’, “40 under 40” special edition. The edition recognizes 40 executives under 40 years of age who have been identified as the most promising, up and coming business leaders of Puerto Rico. This year being the 40th anniversary of the newspaper, it […]
Abarca earns accreditation score of 100% from URAC
September 30th, 2014 by Abarca NewsSan Juan, PR – Abarca is proud to announce that it has been awarded URAC’s Pharmacy Benefit Management (PBM) Accreditation as of October 1, 2014. As a URAC-accredited organization, Abarca demonstrates a commitment to continuous improvement and quality healthcare in its PBM business. After undergoing URAC’s rigorous evaluation process, Abarca demonstrated Full Compliance with all […]
Nayda Rivera, RPh, elected as next president of the Puerto Rico College of Pharmacists
August 27th, 2014 by Abarca NewsSan Juan, PR – Nayda Rivera, Abarca’s Government & Industry Partnerships Director, has been selected by her pharmacist peers as the Puerto Rico College of Pharmacists (“PRCPh”) new President-Elect. The election took place at the PRCPh’s Annual Convention held on from August 21th to 24th at the El Conquistador Hotel in Fajardo, Puerto Rico. Nayda’s […]