Ohio Medicaid Selects Gainwell Technologies For Single Pharmacy Benefit Manager Contract
On January 11, 2021, the Ohio Department of Medicaid (ODM) announced it had selected Gainwell Technologies as the state’s single pharmacy benefit manager (PBM). This is a new approach for the state. Currently, the six Medicaid managed care organizations (MCOs) each contract with one or more PBMs. Gainwell Technologies will manage the state’s $4 billion Medicaid pharmacy program. The contract's initial term runs through June 30, 2023; it is followed by up to three additional two-year terms through June 30, 2029. The design and implementation tasks are valued at $19 million, and plus nearly $147 million . . .