PBM Lawsuit Settlement
Industry
Legal Firms
Problem
A union trust fund needed assistance negotiating a settlement on outstanding claims processing issues with their former PBM. The client was looking for expertise on structuring an agreement to drive a settlement to the protracted litigation.
PHSL Solutions
After reviewing case documents and completing a financial analysis, PHSI provided the attorneys with guidance on document production, deposition questions, and requests for operational information to gain further insight to support the trust fund’s position.
Results
The client negotiated a settlement that was $1.2M less than budgeted.