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Pharmacy Benefits Consulting

At Blue & Co., LLC we are uncommonly independent with a unique and customized approach to find clients the best solution based solely on their goals and objectives and not our sales or revenue goals.

Our team is comprised of pharmacists who have been exposed to all sides of the pharmacy supply chain and work to bring that unique perspective to our clients. Our independent approach allows us to work with all PBMs, both big and small, to find the best solution for the client and their employees.

Meet Our Pharmacy Benefits Expert

Chad Downing, Senior Pharmacy Consultant at Blue & Co., LLC

Chad Downing RPH,340B ACE, Senior Pharmacy Consultant

Chad Downing is a Senior Pharmacy Consultant with Blue & Co., specializing in pharmacy reimbursements and operations performance. Throughout his 20-year career as a healthcare and pharmacy executive, he has been recognized as a proven leader in operational and financial performance.

Chad earned his Bachelor of Science degree in pharmacy from Ohio Northern University. He obtained his EMBA from the Quantic School of Business and Technology. He maintains active pharmacy licenses in Illinois, Indiana, Kentucky and Ohio. Six Sigma Greenbelt certified. He holds an Apexus Advanced 340B Operations Certificate.

Services Overview

Blue & Co.’s Pharmacy Consulting Group uses a data-driven approach to provide a holistic picture of pharmacy spend in both pharmacy and medical venues. With a heavy focus on internal education during phase one of our contracts, we maximize your time with us by making sure we all have the same base level understanding from day one.

Client Education

From day one, we provide client education to help you fully understand the pharmacy supply chain.

Contract Review

Our team will analyze your Pharmacy Benefit Manager contract terms and rates.

Vendor Management

Our team of experts can work hand-in-hand with you and your PBM to ensure proper day-to-day performance and help with long term RFP support.

Claims Analysis

A comprehensive review for savings opportunities through variable copay, movement to lower cost/higher quality pharmacy channel, ensure proper payment terms based on contract definitions, and removal of non-essential drugs from plan formulary.

340B Hospitals Affected by Covid-19

340B Hospitals Affected by COVID-19 Update

Great news for 340B Hospitals affected by COVID-19. On March 15, 2022, President Biden signed into law the $1.5 trillion Consolidated Appropriations Acts, 2022. This bill allows Hospitals that have lost eligibility due to a decrease in their Medicare disproportionate share (DSH) percentage as a result of the COVID-19 public health emergency to regain access […]

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On-Demand Webinar: 340B Program Quarterly Update

The 340B Program has seen a lot of changes in 2021. Join Blue & Co.’s Apexus Advanced 340B Experts for a webinar on Thursday, July 15 at 12:00 p.m. In this webinar, Jason Prokopik and Chad Downing will be covering some of the current 340B trends and provide updates from recent HRSA Audits that may […]

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340B Program HRSA Response

340B Program HRSA Response to Pharmaceutical Manufacturers

After months of pharmaceutical manufacturers placing restrictions on the 340B Program to both contract pharmacies and covered entities, HRSA sent letters to six pharmaceutical manufacturers stating they violated the 340B Statute. The HRSA Acting Administrator declared these pharmaceutical manufacturers violated the 340B statue by placing restrictions on the 340B Program pricing at both contract pharmacy […]

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Connect with our team.

To learn more about our services and areas of expertise, send us a message.