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Archive: Case Study
- September 25, 2023
Improved Contract Terms Net $3M in Rx Plan Savings in One Year
Rebates, discounts and PBM contract review by Innovative provide over $3 million in savings in a single year. $400,000 of savings were passed directly to the plan members.
- 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 member’s 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.
- 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.
- 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%.