PBM Solution During M&A Annual Pharmacy Savings of $2.3M Challenge Client acquired two other companies, each with a different PBM Having three PBMs was confusing for HR, and did not maximize savings having the business split between three vendors Solution Excelsior Solutions marketed the pharmacy plans with the goal of combining into one single vendor, if it made sense financially Pharmacy was processing fraudulent claims The client decided to consolidate to two vendors based on financial and service considerations Client Win Client saved $2.3M annually (16% of total pharmacy spend) 16% of pharmacy spend saved