Stories of Success: Read about how we’ve applied our expertise to ensure our clients pay a fair price for their pharmacy benefits and provide the best plan possible to their members.
No other independent pharmacy benefits consulting firm offers the same level of proficiency across the pharmacy, PBM and health care industries as Innovative Rx Strategies. With expert knowledge from having worked within the pharmaceutical supply chain, we are committed to one mission — breaking down a complex industry to save our clients money on their benefits and manage their pharmacy cost trend.
We simplify complicated PBM contracts, apply our clinical expertise to formularies and mitigate risk of escalating prescription drug costs. Our promise is to do the heavy lifting and hold PBMs accountable to make sure our clients receive the greatest value possible from their pharmacy benefits investments.
We unravel PBM complexities to save you money so you can reinvest in your organization.
We commit to complete transparency, PBM-agnostic recommendations and full disclosure.
We promise 5-star service, quick issue resolution and zero disruption for you and your members.
Who We Serve
Whether you’re an employer, benefits broker, third-party administrator (TPA), health system or health plan, we will serve alongside you as independent, objective consultants who have your back when it comes to pharmacy benefits.
Case Studies
- July 25, 2023
$2.4M Rx Cost Savings Identified for Financial Sector Client
Innovative’s negotiation power and knowledge of the specialty drug market allowed this client to mitigate much of the cost of one members drug infusions. This resulted in savings of $2.4 million.
- July 7, 2023
Health System Saves Over $34 Million on Pharmacy Benefits
Through Innovative’s RFP process and clinical innovation, a health system realized sustained savings that totaled over $34 million.
- July 1, 2023
TPA Improves Competitive Position and Saves Millions
Innovative renegotiated the TPA’s PBM stifling PBM contract to improve their competitive position in the marketplace and create substantial savings.
