Purdue Managed Markets Team Covers Managed Care, Pharmacy & Distribution, and More
The Purdue Managed Markets team handles all responsibilities formerly organized in managed care (e.g., market segments in managed care organizations, Medicare, Medicaid, long-term care, and group purchasing organizations) and national accounts (e.g., retail distribution pipelines that include wholesalers, chain drug stores, retail pharmacies, and a network of brokers that represent over-the-counter products in supermarket chains). See Fig. 1 for an overview of our areas of responsibility.
In addition, this team manages the contract administration, and pricing to ensure accessibility of Purdue products to eligible members. We administer the vendor chargeback program and work closely with distributors to provide accurate and timely contract and contract pricing implementation. Our Managed Markets team ensures compliance with government regulations and contract price reporting requirements of the Department of Veterans Affairs (VA), including the calculation of the non-Federal Average Manufacturer Price (Non‑FAMP) and the federal ceiling price (FCP) calculations for the company’s Federal Supply Schedules.