Description
RxAdvance is a national full-service pharmacy benefit manager that utilizes the Collaborative PBM Cloud to effectively manage standard and specialty drug benefits while ensuring regulatory compliance and transparency. The company provides a global pharmacy risk partnership model that aligns closely with plan sponsors. By delivering integrated PBM services, RxAdvance reduces overall pharmacy costs and drug-impacted medical expenses, enhancing patients' quality of life. With operating costs 40% lower than other PBMs, RxAdvance offers lower administrative fees, reduced drug unit costs, and increased rebate income for plan sponsors. The Intelligent DUR360 Gateway promotes optimal drug benefit utilization and lowers overall medical spending. Through intelligence at the Point of Care and Point of Sale, along with a robust platform for member and plan sponsor engagement, RxAdvance is setting a new standard in PBM service excellence.
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