Overview
What is Pharmaceutical Care Management Association?
The Pharmaceutical Care Management Association (PCMA) is a renowned nonprofit organization based in Washington, D.C. Representing America's Pharmacy Benefit Managers (PBMs), PCMA advocates for policy priorities that shape the federal and state legislative and regulatory environments. With over 43 employees, PCMA plays a crucial role in administering prescription drug plans for more than 270 million Americans with health insurance from various sponsors, including commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, federal employee health benefits program, state government employee plans, managed Medicaid plans, and others. Their mission is to optimize prescription drug therapy for healthier lives and create a favorable environment for PBMs to achieve positive healthcare outcomes for patients by managing access to appropriate, affordable, and safe prescription drugs.
Official website here: www.pcmanet.org
What do the Facebook reviews say about Pharmaceutical Care Management Association?
Only 46% of the reviews on Facebook recommend the Pharmaceutical Care Management Association, based on a total of 10 reviews. A significant portion of the feedback expresses dissatisfaction, particularly highlighting concerns about the organization's representation of companies perceived to exploit independent pharmacies.
The sentiment conveyed in the reviews tends to lean negative, as some users feel that the nonprofit serves corporate interests at the expense of smaller, independent operations. There is a clear sentiment of mistrust regarding the organization's impact on the pharmaceutical landscape, suggesting that its focus may not align with the needs of all stakeholders.
Overall, the feedback indicates that many individuals are critical of the Pharmaceutical Care Management Association, suggesting they do not deliver effectively for independent pharmacies or consider their concerns adequately.
This AI summary has been generated from reviews found on Facebook.
Is Pharmaceutical Care Management Association legitimate?
Pharmaceutical Care Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pharmaceutical Care Management Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,252,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,623,338
For more financial information, click here
Official website here: www.pcmanet.org
What is the mission statement of Pharmaceutical Care Management Association?
The Pharmaceutical Care Management Association (PCMA) represents pharmacy benefit managers (PBMs) in the United States, serving over 270 million Americans with health insurance from various sponsors. PCMA's mission is geared towards optimizing prescription drug therapy for better health outcomes. They aim to create a favorable policy and business environment for the pharmaceutical care benefits managers industry. By managing access to appropriate, affordable, and safe prescription drugs, PCMA strives to positively impact healthcare outcomes for patients.
Official website here: www.pcmanet.org
Who is the CEO of Pharmaceutical Care Management Association?
Agnita Kote is the Director of Pharmaceutical Care Management Association. The CEO's salary of Pharmaceutical Care Management Association is $1,423,259 and their total compensation is $1,475,583.
Official website here: www.pcmanet.org
What is the revenue of Pharmaceutical Care Management Association?
Pharmaceutical Care Management Association's revenue in 2022 was $47,371,719.
Official website here: www.pcmanet.org
Who are the executives of Pharmaceutical Care Management Association and what are their salaries?
The average compensation at Pharmaceutical Care Management Association during 2022 was $299,434. There are 43 employees and 10 volunteers at Pharmaceutical Care Management Association.
Here are 19 key members and their salaries (Pharmaceutical Care Management Association's CEO's salary is $1,423,259 and their total compensation is $1,475,583):
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- Compensation: $1,423,259
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- Other: $52,324
- Compensation: $928,105
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- Other: $56,141
- Compensation: $911,356
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- Other: $42,053
- Compensation: $498,136
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- Other: $55,349
- Compensation: $252,519
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- Other: $33,065
- Compensation: $654,694
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- Other: $39,578
- Compensation: $358,550
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- Other: $39,628
- Compensation: $505,753
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- Other: $53,243
- Compensation: $346,394
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- Other: $47,085
- Compensation: $354,714
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- Other: $47,888
Official website here: www.pcmanet.org
Where can I find the form 990 for Pharmaceutical Care Management Association?
Pharmaceutical Care Management Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcmanet.org
Learn more at the official website: www.pcmanet.org
Mission Statement of Pharmaceutical Care Management Association
The Pharmaceutical Care Management Association (PCMA) is the national body representing America's Pharmacy Benefit Managers (PBMs). With a presence spanning over 270 million Americans, PCMA's members administer prescription drug plans for a diverse range of health insurance sponsors, including commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, federal programs, state government employee plans, managed Medicaid plans, and others.
At the heart of PCMA's mission lies a commitment to helping people optimize their prescription drug therapy for healthier lives. The organization strives to foster a favorable public policy and business environment for the Pharmaceutical Care Benefits Managers (PBM) industry, enabling it to deliver positive healthcare outcomes for patients. Through effective management of access to appropriate, affordable, and safe prescription drugs, PCMA's vision is to create a significant impact on the health and wellbeing of the American population.
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Impact
October, 2024
The Pharmaceutical Care Management Association (PCMA) plays a significant role in shaping the landscape of prescription drug management in the United States. By representing pharmacy benefit managers (PBMs), PCMA influences federal and state legislative frameworks that govern prescription drug plans for over 270 million insured Americans. This includes various sponsors such as commercial health plans, self-insured employers, Medicare, and managed Medicaid programs.
PCMA advocates for policies that enhance access to affordable and safe medications, ultimately aiming to improve healthcare outcomes for patients. Their efforts focus on optimizing prescription drug therapy, ensuring that individuals receive the appropriate medications needed for their health conditions while navigating the complexities of the healthcare system.
Through its initiatives, PCMA fosters a supportive environment for the PBM industry, which in turn enhances the efficiency of drug distribution and management. By prioritizing favorable regulations and policies, PCMA strives to facilitate better health care options and promote community well-being across diverse populations.
This information is meant to be a general summary of Pharmaceutical Care Management Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $60,050
- Program Service Revenue: $47,311,669
- Gross Receipts: $47,371,719
Assets and Liabilities:
- Total Assets: $25,360,425
- Total Liabilities: $11,784,969
- Net Assets: $13,575,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$32,615,000
INDUSTRY RELATIONS
Revenue
$13,556,071
LITIGATION SUPPORT
Revenue
$1,140,598
Organization Details
Founding Year
2003
Phone
(202) 756-5700Principal Officer
Agnita Kote
Main Address
325 7TH STREET 9TH FLOOR, WASHINGTON, DC, 20004
Website
www.pcmanet.orgNTEE Category
Code: S41 - Community improvement
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