pbm
Word Rarity
Very rare
Frequency: Zipf frequency 2.23 in modern English
9
Scrabble Score
3
Letters
1
Syllables
3
Unique Chars
Meaning
noun
noun
Initialism of portable bitmap.
adj
Example Sentences
- "Most large PBMs operate their own mail-order and specialty pharmacies, but CVS is the only major PBM that owns its own retail pharmacy, according to the Brookings Institution."
- "Independent pharmacies have blamed CVS and pharmacy benefit managers for putting them out of business, and the General Assembly has been debating legislation intended to prevent pharmacy benefit managers from providing independent pharmacies with lower reimbursements. It died, although a bill requiring pharmacy benefit manager licensing and reporting did pass and was signed by McKee. "We should have checks and balances on PBMs, because any of these players in the industry need to have the right incentives around taking care of people," Foulkes said. "So I'm all for making sure that they are good players in the system. I think that if PBMs were to disappear tomorrow, for example, which is what some people would like, I think that big pharma would laugh all the way to the bank. I think that the PBMs have become the boogeyman. And I think it's a lot more complicated than that. I'm not saying they're perfect either, but I do understand that sector well enough to know how to manage it.""