The Department of Health (DoH) launched the Pharmaceutical Consolidated Information System (PharmCIS) in February 2013. This will support the processes associated with the approval and listing of medicines on the Australian Pharmaceutical Benefits Scheme (PBS).
Developed by Fivium, the system incorporates enhancements including chemotherapy drug measures, price disclosure, price calculator functionality and support changes in policy and legislation. It will allow the government to track savings anticipated from recent policy reforms. As part of these reforms, it is expected to deliver $1.9 billion in health savings for taxpayers over five years through price disclosure and other price reductions.