Certificate in Reimbursement Fundamentals for Pharma
-- viewing nowThe Certificate in Reimbursement Fundamentals for Pharma is a comprehensive course designed to empower learners with critical skills in the pharma industry. This program focuses on the intricacies of reimbursement processes, a vital aspect of pharmaceutical sales and marketing.
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Course Details
• Introduction to Reimbursement Fundamentals for Pharma: Understanding the basics of reimbursement, its importance, and the impact on the pharmaceutical industry. • Pharmaceutical Pricing Models: Exploring various pricing models used in the pharmaceutical industry, including average wholesale price (AWP), wholesale acquisition cost (WAC), and average sales price (ASP). • Healthcare Coverage and Reimbursement Systems: Examining the different types of coverage and reimbursement systems, such as Medicare, Medicaid, and commercial insurance. • Reimbursement Pathways: Delving into the various reimbursement pathways, including medical benefit (MB), pharmacy benefit (PB), and self-insured employer group health plans. • Pharmacy Benefit Management (PBM): Understanding the role and impact of PBMs on the pharmaceutical industry, including their influence on formulary management, pricing, and reimbursement. • Patient Assistance Programs (PAPs): Investigating patient assistance programs, including their purpose, structure, and impact on patient access to medications. • Billing and Coding for Pharmaceutical Products: Exploring the basics of billing and coding for pharmaceutical products, including the use of HCPCS codes and National Drug Codes (NDCs). • Reimbursement and Market Access Strategies: Examining reimbursement and market access strategies for pharmaceutical companies, including the use of data and evidence to support formulary placement and reimbursement decisions.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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