Why Choose ValueMed Consultants?
We combine industry expertise with data-driven insights to deliver exceptional formulary management solutions.
ValueMed Consultants is a leading consultancy specializing in formulary management solutions for healthcare organizations. With decades of combined experience, our team of clinical pharmacists, healthcare economists, and data analysts work together to optimize drug formularies for improved patient outcomes and cost efficiency. We understand the complex challenges facing healthcare organizations today, from rising drug costs to evolving clinical guidelines. We provide expert guidance and innovative solutions that help our clients navigate these challenges successfully.
The current need to evaluate and balance considerations related to clinical benefits, cost-effectiveness, and affordability has never been greater due to the development and availability of new health technologies and treatments that promise sustained durable effects and improved effectiveness.
Our Mission
To optimize healthcare delivery through evidence-based innovative formulary management.
Our Approach
What We Bring to the Table
Leveraging AI and Data Science to Drive Formulary Decisions
We analyze clinical and financial data to optimize formulary decisions and demonstrate measurable outcomes.
Healthcare Experts
Our team brings decades of combined experience in formulary management and healthcare policy.
Customized Solutions
We tailor our approach to your organization's unique needs, goals, and patient population.
Our Services
Comprehensive formulary management solutions to optimize clinical outcomes and control costs.
Formulary Development & Review
We help create and optimize drug formularies based on clinical evidence, cost-effectiveness, and organizational goals.
• Evidence-based drug selection
• Therapeutic class reviews
• Formulary structure optimization
Cost Containment Strategies
We implement effective strategies to manage pharmacy costs while maintaining quality patient care.
• Tiered formulary design
• Generic utilization programs
• Rebate optimization
• Negotiating Managed Entry Agreements
Data Analytics & Reporting
We provide comprehensive data analysis to track formulary performance and identify optimization opportunities.
• Utilization trend analysis
• Cost-benefit assessments
• Custom performance dashboards
P&T Committee Support
We provide expert guidance and support for Pharmacy & Therapeutics committees to enhance decision-making.
• Meeting preparation & facilitation
• Meeting package & Drug monograph development
• Evidence-based recommendations
Policy Development
We help create and implement effective formulary policies and procedures aligned with industry best practices.
• Prior authorization criteria
• Step therapy protocols
• Quantity limit guidelines
Staff Training & Education
We provide comprehensive training programs to ensure your team understands and implements formulary strategies effectively.
• Formulary management workshops
• Clinical decision support training
• Continuing education programs