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Historically, a pharmacy benefit manager (PBM) is a third-party administrator of prescription. drug programs. PBMs are primarily responsible for developing and maintaining the. formulary, contracting with pharmacies, negotiating discounts and rebates with drug. manufacturers, and processing and paying prescription drug claims.
PBB refers to the billing process for services rendered in a hospital department or location. This is the national model of practice for large, integrated delivery systems where the hospital owns space and employs support personnel involved in patient care.BB refers to the billing process for services rendered in a hospital department or location. This is the national model of practice for large, integrated delivery systems where the hospital owns space and employs support personnel involved in patient care.