Prime Therapeutics LLC to Accept Facility Pharmacy Network Participation Bids
Prime Therapeutics LLC (Prime), the pharmacy benefit manager for Blue Cross and Blue Shield of Texas (BCBSTX), specializes in providing comprehensive pharmacy benefit management solutions to help members get the medicine they need to feel better and live well. Prime administers competitive bids and pharmacy participation opportunities for its Hemophilia Network and an Oral Oncology Network, on behalf of BCBSTX. These Networks provide eligible members access to Hemophilia and Oral Oncology specialty drug services under their pharmacy benefit.
Notice to Physicians and Providers: From April 1 – April 20, 2022, hospitals/facilities may submit a competitive bid for participation in one, or both, of these Networks. All bids must be submitted and received by Prime no later than April 20, 2022, for consideration. Starting April 1, you can request an application, by emailing Prime.
The relationship between Blue Cross and Blue Shield of Texas and specialty pharmacies is that of independent contractors. Prime Therapeutics LLC is a separate pharmacy benefit management company. BCBSTX contracts with Prime to provide pharmacy benefit management and related other services. BCBSTX, as well as several independent Blue Cross and Blue Shield Plans, has an ownership interest in Prime.