Company under contract with managed care organizations, self-insured companies, and government programs to manage pharmacy network management, drug utilization review, outcomes management, and disease management. The goal is to save money. For example, a pharmacy benefit manager may fill drug prescriptions by mail order as part of a corporate health insurance plan. Also called a pharmacy benefit management organization or prescription benefit manager (PBM).
Tag: MEDICAL
Pharmacy claim
Formal request for payment (bill) generated because of an insured’s purchase of prescription drugs dispensed by a pharmacist from a physician’s written instructions (prescription form).
Pharmacy network
See: pharmacy services administrative organization (PSAO).
pharmacy services administrative organization (PSAO)
Preferred provider organization (PPO) of community pharmacies that contracts either with employers or pharmacy benefit managers to give pharmacy services to members of the plan. Also known as pharmacy network.
PHARMD
Abbreviation for Doctor of Pharmacy.
PhD
Abbreviation for Doctor of Philosophy.
Phishing
Practice of masquerading as a legitimate company to con consumers into willingly giving up their personal information such as an e-mail stating that information must be resubmitted because records were lost or an account needs to be verified.
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The fraudulent practice of sending emails purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers.
PHO
Abbreviation for physician hospital organization. See medical staff-hospital organization and physician hospital organization (PHO).
Physical address
1. Actual street name and number, city, state, and zip code of where a patient lives and not a post office box number. 2. Actual location of a building and not a post office box number.
physical examination (PE or PX)
Objective inspection and/or testing of organ systems or body areas of a patient by a physician to obtain a diagnosis or, if necessary, referral to a specialist.