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3 easy steps to begin your URAC accreditation
Pharmacy Benefit Management Accreditation Overview
As the only PBM accreditor in the country, URAC's industry experts are uniquely able to collaborate with your team to facilitate learning and create a framework for continuous improvement in areas such as:
- Member service and communication
- Financial disclosures
- Pharmacy distribution channels
- Formulary and drug management
Once you begin the process, your organization can be fully accredited in six months or less.
Accreditation Benefits
URAC’s stringent standards help accredited PBMs focus formulary decisions on the safety, efficacy and therapeutic need for drugs.
The accreditation brings numerous benefits, which include:
- Driving appropriate therapeutic outcomes and reducing adverse events
- Promoting clinically appropriate, safe and effective drug therapy
- Ensuring an up-to-date formulary, appeals process, peer review and committee standards
Accreditation Process: What to Expect
At URAC, our accreditation process is more than collecting metrics and checking boxes. URAC offers your organization a collaborative, comprehensive learning experience designed to enhance knowledge and promote quality practices.
The program helps highlight the work your organization already does or can help guide your practice as you build the infrastructure to support prescription drug benefits and management.
Who May Apply
To be eligible for URAC’s Pharmacy Benefit Management Accreditation, an organization must administer prescription-drug plans for consumers on behalf of third-party payers. Organizations must be operating in the U.S. Download our Pharmacy Benefit Management Standards-at-a-Glance and Measures-at-a-Glance for more information.
Applicable accreditations include:
For your subsidiaries and internal services, consider these additional accreditations:
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