Welcome to Keenan Pharmacy Solutions
At Keenan Pharmacy Solutions (KPS), we provide innovative and cost-effective pharmacy management programs to enhance your organization's healthcare benefits. Our solutions reduce drug costs, improve health outcomes, and ensure transparency and flexibility in your pharmacy plans.
Our Programs
At KPS, we combine innovation, transparency, and expertise to address rising pharmacy costs while enhancing outcomes for employers and their members. Our comprehensive suite of pharmacy benefit management services is designed to meet the unique needs of employers, encompassing program strategy, RFP and vendor selection, contract review and negotiation, implementation and account management, market check analysis, and audit and compliance services. By prioritizing measurable results and transparency, we empower organizations to control costs and develop efficient, effective benefit programs.
Tailored Pharmacy Solutions
We offer a range of customized pharmacy benefit management (PBM) arrangements to cater to the diverse needs of our clients. These include:
- Coalition Agreements: Leverage group purchasing power to secure competitive pricing, enforce performance guarantees, and deliver significant cost savings through economies of scale.
- Pass-Through Arrangements: Ensure full transparency by directing all pharmacy network discounts and manufacturer rebates straight to employers, eliminating hidden fees or markups.
- Integrated Pharmacy Programs: Combine medical and pharmacy benefits to streamline care coordination, optimize specialty drug management, and provide comprehensive oversight.
Keenan Pharmacy Clinical Management (KPCM)
Our pharmacy clinical management solution provides independent clinical oversight to optimize both specialty and non-specialty medication management, ensuring cost savings without compromising care quality. Our specialty approach requires prior authorization for all specialty medications before dispensing, using clinical criteria independent of the PBM to eliminate conflicts of interest. For non-specialty drugs, we conduct monthly retrospective reviews to identify savings through lower-cost therapeutic alternatives.
- Physician- and Member-Friendly: Direct physician engagement ensures cost-effective prescribing, while members receive personalized education and seamless medication transitions.
- Seamless Collaboration: Clear communication between physicians, pharmacies, and patients to improve adherence and decision-making.
- Proven Cost Savings: Generates an average return on investment of up to five times the program cost.
- 100% Fee Guarantee: No hidden costs, delivering measurable value with full financial transparency.
Alternative Specialty Pharmacy Solutions
Through KPCM, we also offer specialty drug dispensing options to help employers manage costs while ensuring access to high-quality care. Options include:
- Patient/Manufacturer Assistance: Assesses eligibility for programs that provide up to 75% savings for employers and zero cost to patients who meet financial qualifications.
- Copay Assistance: Utilizes manufacturer assistance programs to reduce costs for patients without requiring financial qualifications, delivering savings of 25–30%.
- International Sourcing: Provides access to well-vetted international programs, offering savings of 25–30% on specialty medications.
- Generic Specialty Program: Sources high-cost specialty generic medications at enhanced discounts, offering variable savings based on drug type and availability.
- Onsite/Near-site Clinics: Low-cost medication alternatives for employer groups.
For Plan Sponsors/Employers
Keenan Pharmacy Solutions offers tailored programs that deliver significant savings and improved health outcomes for your employees. Our innovative solutions ensure transparency and flexibility, allowing you to manage your pharmacy benefits effectively.
For Brokers
Partnering with Keenan Pharmacy Solutions means providing your clients with valuable solutions that enhance their prescription program offerings. Our comprehensive pharmacy management programs add value to your clients' healthcare benefits, ensuring cost savings and improved health outcomes.
Contact Us
For additional information, please contact the Keenan Pharmacy Services Business Development Team at KPSBusinessDevelopment@keenan.com.