Emergency Final Costs: Pharmacy Benefit Management System (PBMS)

The State of Illinois, Department of Healthcare and Family Services, is providing notice of final costs regarding the emergency procurement for Pharmacy Benefit Management Services. The final total cost of supplies and services is $10,176,353.52, and the term of the contract is from 3/17/24 to 12/14/25 (638 days). The vendor, Change Healthcare Pharmacy Solutions, Inc., will continue to provide continued operations under the current PBMS to ensure continuity of medical and pharmaceutical care for the State's Medicaid population. Key points to consider: • The procurement is for emergency final costs regarding the Pharmacy Benefit Management Services. • The final total cost of supplies and services is $10,176,353.52. • The term of the contract is from 3/17/24 to 12/14/25 (638 days). • The vendor is Change Healthcare Pharmacy Solutions, Inc. • The services include continued operations under the current PBMS to ensure continuity of medical and pharmaceutical care for the State's Medicaid population.