# PBM (pharmacy benefit manager)

A term used when buying pharmacy.

The middlemen who set what a pharmacy is paid for each prescription it fills.

They hold the [pricing power](https://searchspheresource.com/glossary/pricing-power) in this trade. Reimbursement terms, network access, and the fees above all flow from them, so the contracts and the mix decide whether the revenue is durable or merely current. Ask which plans drive the volume and what share of scripts each represents, because losing one network can take a fifth of the business overnight, and the decision will not be yours to appeal.

Part of: Buying a Pharmacy (https://searchspheresource.com/guides/buying-a-pharmacy)

Source: https://searchspheresource.com/guides/buying-a-pharmacy/terms/pbm-pharmacy-benefit-manager
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt