Drug Cost Consulting
Expert consulting services to help organizations reduce drug costs, optimize benefits plans, and make data-driven pharmacy decisions
18%
Average Savings
350+
Plans Analyzed
96%
Client Retention
12+
Years Experience
Our Services
Benefits Plan Optimization
Comprehensive review of your organization's drug benefits plan to identify cost savings without reducing employee coverage. We analyze formulary structure, dispensing fee arrangements, and generic substitution policies to find immediate savings opportunities.
$5,000
one-time engagement
Deliverables
- Full benefits plan audit report
- Savings opportunity matrix with prioritized recommendations
- Formulary optimization strategy
- Generic substitution analysis
- Pharmacy network fee comparison
- Implementation roadmap with projected savings
Timeline
4-6 weeks
Pharmacy Network Analysis
Evaluate your pharmacy network agreements to ensure competitive pricing and optimal coverage for plan members. Includes dispensing fee benchmarking, markup analysis, and geographic access assessment.
$3,000
one-time engagement
Deliverables
- Network adequacy assessment
- Dispensing fee benchmarking report
- Markup and pricing analysis per pharmacy
- Geographic coverage heat map
- Recommended network changes
- Negotiation strategy brief
Timeline
3-4 weeks
Annual Drug Cost Audit
Thorough annual audit of your drug spending with year-over-year comparisons, trend analysis, and forward-looking projections. Ideal for large employers, unions, and benefits plan sponsors seeking full cost transparency.
$7,500
annual engagement
Deliverables
- Comprehensive drug spend report
- Year-over-year cost trend analysis
- Top 50 drugs cost breakdown
- High-cost claimant analysis (de-identified)
- Market trend impact assessment
- 3-year cost projection model
- Executive summary presentation
Timeline
6-8 weeks
Custom Research
Tailored research and analysis on any drug pricing, pharmacy market, or benefits-related topic. From competitive intelligence to regulatory impact analysis, our team delivers actionable insights on your specific questions.
$150
/hour
Deliverables
- Custom research report
- Data tables and visualizations
- Methodology documentation
- Findings presentation
- Recommended actions
Timeline
Varies by scope
Who We Work With
Our consulting services serve a range of organizations across the Canadian healthcare ecosystem
Fortune 500 employers
Provincial government agencies
Insurance providers
Pharmacy chains
Union benefits trusts
Hospital networks
Schedule a Free Discovery Call
Speak with one of our drug cost analysts to discuss your organization's needs and how we can help reduce your pharmacy spend.