Sunday, April 15, 2007

TennCare Drug Spending Down by $1.2 Billion


NASHVILLE, Tenn., March 28 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care industry intelligence, reports that TennCare, Tennessee's state Medicaid program, experienced a reduction in overall pharmacy spending, decreasing from $2.44 billion in 2005 to $1.20 billion in 2006. According to the latest Tennessee Health Plan Analysis, implementing drug limits, centralized management and beefing up the state's prior authorization process have made a difference in pharmacy spending.