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  • $2.4M Rx Cost Savings Identified for Financial Sector Client
    Case Study
    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.

  • The New Landscape of Weight Loss Medications
    Blog
    July 11, 2023

    The New Landscape of Weight Loss Medications

    Medications for weight loss are not new. However, the effectiveness of newer weight loss medications — costing upwards of $17,000 per year — have formed a new conversation on this topic.

  • Health System Saves Over $34 Million on Pharmacy Benefits
    Case Study
    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.

  • Innovative Hires Five to Facilitate Growth
    Blog
    July 7, 2023

    Innovative Hires Five to Facilitate Growth

    Innovative Rx Strategies announces the addition of five new positions to the company’s team of pharmacy benefit consultants.

  • TPA Improves Competitive Position and Saves Millions
    Case Study
    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.

  • Can Pharmaceutical Costs Really Be Contained?
    Blog
    June 28, 2023

    Can Pharmaceutical Costs Really Be Contained?

    Taking a passive approach to pharmacy benefits management is a missed opportunity for substantial financial savings — for you and your employees. Choosing the right partner is key. Leveraging pharmaceutical industry expertise can create sustained cost savings.

  • Regional Utility Company Saves Over $14 Million on Their Pharmacy Benefit
    Case Study
    June 15, 2023

    Regional Utility Company Saves Over $14 Million on Their Pharmacy Benefit

    A partnership with Innovative allowed the client to maintain a rich benefit for their employees while saving over $14 Million.

  • PBM 101: The Complexities of Pharmacy Benefit Management
    Blog
    June 10, 2023

    PBM 101: The Complexities of Pharmacy Benefit Management

    Taking a passive approach to pharmacy benefits management is a missed opportunity for substantial financial savings — for you and your employees. Choosing the right partner is key to leveraging pharmaceutical industry expertise.

  • What is a Biosimilar?
    Blog
    May 30, 2023

    What is a Biosimilar?

    By keeping a close eye on the biosimilar landscape and understanding your PBM’s approach to biosimilar coverage, you can help your client or employer navigate this evolving market and make informed decisions.

  • Global Manufacturer Realizes Pharmacy Benefit Savings of $10.5 Million
    Case Study
    May 6, 2023

    Global Manufacturer Realizes Pharmacy Benefit Savings of $10.5 Million

    Before negotiations, the client’s annual drug cost was nearly $70,000,000. The new contract reduced that cost by $10,543,000 —a decrease of close to 16%.

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Indianapolis, IN 46240
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Innovative Rx Strategies
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Innovative Rx Strategies is a wholly owned subsidiary of Apex Benefits Group, Inc. and operates independent of Apex Benefits.

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