Kevin Lavery, PharmD, MBA

Trade Relations Pharmacist

716.250.7356 kevin.lavery@pbdrx.com Connect with me on Linked

ABOUT

As Pharmacy Benefits Dimensions’ (PBD) Trade Relations Pharmacist, Kevin is responsible for overseeing the rebates and drug manufacturer contracts program while leading negotiations with pharmaceutical manufacturers for new contractual agreements and renewals on formulary products for all lines of business.

In this role, Kevin utilizes his clinical and formulary expertise to negotiate savings on formulary drugs. By leveraging this expertise, Kevin is able to deliver savings to PBD clients to help mitigate plan spend associated with high-cost medications.

Kevin joined PBD in 2016 as an intern while earning a Doctor of Pharmacy (PharmD) and a Master of Business Administration (MBA) from the University at Buffalo. After graduating in 2019, he joined PBD as a Clinical Pharmacist responsible for evaluating, monitoring and optimizing PBD’s drug formularies. In this role, Kevin analyzed data and literature from clinical trials and other studies to help make decisions about PBD’s formulary design.

An outdoor enthusiast, Kevin loves hiking and camping. He also enjoys reading about health care policy and personal finance, and watching the Buffalo Bills.

EXPERIENCE

Kevin is dedicated to helping manage clients’ pharmacy benefits. He’s a detail-oriented person who will leave no stone unturned when it comes to providing expert pharmacy benefit management that is cost-effective and in line with clinical practice and clinical literature.

During his time at PBD, Kevin has worked diligently to optimize formulary design to help maximize cost savings while ensuring access to clinically efficacious medications for our members and clients. A tangible example of this commitment is his continued contribution to the development and implementation of innovative contracting solutions.

These agreements, also known as value-based contracts, allow PBD to actively monitor and assess the clinical value that is derived from formulary medications. These agreements help ensure medications that are given preferred formulary placement drive continuous clinical value for our members.

COMMUNITY WORK

Kevin remains engaged with the University at Buffalo Alumni Association and currently volunteers with the PAWNY Continuing Education Foundation.

EDUCATION

PROFESSIONAL AFFLIATIONS

DUTIES AND RESPONSIBILITIES

  • Drug Rebates
  • Drug Manufacturer Contracts Program
  • Contract Renewals
  • Drug Formulary Management
  • Drug Formulary Management and Policy Development
  • Plan Performance Monitoring Clinical Program Development
  • Clinical Advisor

The core principles I live by in my professional career are to be nice, have integrity, and work hard. I believe that these three principles allow people to get the most out of their career and personal lives.

 

Fun Fact:
Kevin is attempting to hike all 46 high peaks in the Adirondack region to become an ADK46er.