Pharmacy Benefit Management (PBM) is rooted in the healthcare reforms of the early 1990s. As the traditional fee-for-service system transformed to a managed care system‚ heavy emphasis was placed on cost control (Pg. 4). As a result‚ PBMs immerged to reduce pharmaceutical costs and optimize the use of medications. At first their focus was on claims processing‚ but over the years‚ they leveraged their pharmacy network to negotiate discounted rates on pharmaceuticals. This allowed the PBMs to gain
Premium Health care Medicine Health insurance
MCDONALDS CASE PART B I. INTRODUCTION McDonalds is a very famous fast-food restaurant with more than 31‚000 worldwide branches. Its main dishes are hamburger and fries. McDonalds has limited choice of food but in turn it serves its patrons fast. However‚ the restaurant is about 41 years olds now and consequently it becomes penetrated and mature‚ it has more competitions and tough challenges. In Operation management term‚ McDonalds has highly qualified operating system‚ its kitchen and its management
Premium Burger King Hamburger Fast food
The Harvard Management Company (2001) Case You will design an excel spreadsheet that allows you to answer the following questions: i) Given figures in Exhibits 4 and 11 what is the expected return and volatility of the policy portfolio? ii) Find an efficient portfolio having the same expected return as the policy portfolio but lower volatility. iii) Find an efficient portfolio having the same volatility as the policy portfolio but higher expected return. iv) Repeat question ii
Premium Investment Standard deviation Variance
I. Executive summary: A. Problem statement: Optical Distortion Inc.(ODI) is a small new company‚ not yet in business‚ with a patent for an innovative product designed to prevent chickens from cannibalism behaviors toward each other. These lenses are used instead of traditional way of debeaking. ODI must develop marketing strategies about targeting‚ positioning and optimal pricing to launch its new product. B. Recommendation: The dilemma ODI faces is whether introduce its product
Premium Costs Variable cost Farm
Portfolio Management Case Study Shanghai Hai Xing Shipping Company Andrew Fung (1009010180) Yiu Tsz Yan Brenda (1155009775) Gavin Niu Lam Yung Wai Matthew (1155009776) “H” Shares in 1993-1994 In the 1990’s‚ there was around 100‚000 state owned enterprises (SOE) in China and over half of them were losing money. Since 1992‚ most of the SOEs were given freedom to reform and extensive new investment was required for the action. IPO is one of the effective channels
Premium Stock market Investment Hong Kong Stock Exchange
1. How accurate was the demand forecast for the first quarter of 2005? First‚ is wise to make a comparison in the individual level‚ between the forecasts made for the year 2004 and the real demand. The Forecast overestimates the real demand in every single product. As it is shown in the tables above the average difference percentage in the individual level is higher that the difference percentage in the aggregate level. What is the current demand forecasting method
Premium Forecasting Planning Management
Questions for Week 7 Case: * Fashion Channel Read the Fashion Channel case and answer the questions below. Please note the following additional guidance: The discussion of alternatives indicates that for the first scenario‚ an investment in programming would be required but the case does not indicate how much that might cost. You can either assume that this spending was flat or you can assume an increase. In either case‚ specify your assumption and base your findings on that assumption
Premium Target market The Target
Case study number 1 Question 1: Which company orientation (product‚ production‚ selling or market) can best describe McDonald’s activities? What makes you think so? In the case of McDonald’s activities the company orientation is selling and I will explain why. In first I’ll explain what is the selling orientation‚ and in second why it’s the McDonald orientation. If we look at the definition in the book “Marketing Management” the selling philosophy or orientation is “a focus on making sales
Premium Marketing Term Time
5. Currently‚ Spartan is charging a flat rate of 1.5 percent of sales‚ to deliver to its customers. The company reflects its freight charges from the pricing practices of other building materials distributors in the region. In addition‚ the case states the reasons to why some deliveries are free of charge‚ they are: high volume orders‚ promotions‚ and price pressures. The gathered data from the Ontario region demonstrates these factors as their customer relationship strategy. The activity for a local
Premium Costs Time Paper
Case #2 – Volkswagen: IT Budget Volkswagen AG is the parent company to Volkswagen of America (VWoA) and therefore sets the budget from which IT projects are funded by. Managing which IT projects are given funds and when is a very important business decision because only projects linked to the corporations’ strategy and goals should be given any support. An important process in judging which projects are funded is by prioritizing them into specific categories; however all the more important “Stay
Premium Management Volkswagen Group Corporation