Recognizing Leaders in Pharmacy Benefits Management Excellence
The Pharmacy Benefits Institute of America excellence awards were created to commend organizations and individuals who excel in pharmacy benefits management. The CPBS, our flagship certification, is recognized globally as a premier pharmacy benefits management education program. Each year, pharmacy benefits excellence awards are presented to organizations and individuals who achieve pharmacy benefits management excellence in a specific category, no matter what industry they are in. Recipients exemplify an unwavering commitment to pharmacy benefits management excellence.
Benefits to Being Recognized as a Leader in Pharmacy Benefits Management Excellence
What better way to showcase how excellence, whether among an entire organization or an individual, than with a prestigious award? We want to recognize the immense effort you have put in to helping your customers or organization have a positively memorable experience.
Benefits for the Individual
- Increased self-esteem
- Improved pride and motivation
- Enhanced skills and knowledge
- Recognition as a service professional
- Increased likelihood of getting promoted
Benefits for the Organization
- Increased customer confidence in your organization
- Enhanced team morale
- Becoming part of an elite group of organizations across the globe
- The assurance of excellence being an organizational focus
- Recognition by the PBIA awards program differentiation for delivering pharmacy benefits management excellence
Award Categories
-- ORGANIZATIONS --
Small Business
Medium Business
Division of a Medium Business
Large Business
Division of a Large Business
Government
PBM Project of the Year (various sub-categories)
Employee Engagement Award
Customer Culture Award
Customer Focused Innovations
Visionary
Best of the Best
-- INDIVIDUALS --
Pharmacy Benefit Management Professional of the Year
Pharmacy Benefit Management Leader of the Year
Pharmacy Benefit Management Executive of the Year
Pharmacy Benefit Management CEO of the Year
Entry Process
1. REVIEW GUIDELINES AND SELECT CATEGORY
Review 2024 Awards Guidelines and determine the Awards Category appropriate to the size and nature of your business, or your individual role.
2. SUBMISSIONS
Organizations must provide a submission per category entered, and including supporting documentation (charts, tables, and graphics). Deadline submission for the annual PBIA Excellence Awards is on April 30, 2024.
3. NOTIFYING FINALISTS
Finalists will be selected and notified mid-May.
4. SITE VISITS FOR FINALISTS
Finalist site visits, or RingCentral Meeting sessions, will be completed by a member of the PBIA Awards judging committee prior to early June 2024.
5. ANNOUNCING WINNERS
Annual winners will be publicly announced on June 28th.
The Judging Committee consists of representative senior business people actively involved in the pharmacy benefits management profession. The key stages that the national judging committee undertakes in the evaluation process for each category are to:
- Evaluate Submissions: Members of the Judging Committee evaluate the submissions and select the finalists for each category.
- Conduct Site Visits/Telephone Interviews: Organizations, teams and projects are evaluated with an on-site visit. Nominees for individual awards are evaluated with a structured telephone interview.
- The Judging Committee will select the winners in January following the year an award is earned.