WHO WE ARE

Our Experts.
Your Advocates.

We’re a team of pharmacists, nurses, financial experts, former PBM and pharmaceutical executives, data analysts and regulatory experts. We advocate for what’s in your best interest.

Pharmacy Benefits Consulting

Unparalleled Expertise

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. Blending pharmaceutical industry experience and pharmacy benefits know-how with best-in-class analytics, we serve as an independent advocate to help you lower drug costs and improve member health outcomes.

Our team is uniquely qualified to serve employers, benefits brokers, TPAs, health care systems and health plans with deep understanding of the pharmacy and medical benefits markets and health care industry trends. With expert knowledge from having worked within the pharmacy supply chain, we are committed to one mission — breaking down a complex industry to save our clients money on their benefits programs and manage their cost trends.

We have practical experience in:

  • Pharmacy benefits management
  • Pharmacy regulatory environment
  • PBM operations and pricing
  • Pharmaceutical manufacturing
  • Nursing and social work
  • Health care law & legislation
  • Retail and hospital pharmacy
  • Data analysis and forecasting
  • Clinical strategy
  • Pharmacy education

 

Our Mission

We are passionate about protecting companies from overpaying on their pharmacy benefits programs. And because we’re pharmacists and PBM and pharmacy industry veterans, we excel at understanding where to look for savings opportunities.

We don’t play games — but we certainly know how they’re played. Let us help you save more on your plan so you can do more for your organization and members.

How We Work

Unraveling the Complexities. Saving You Money.

The pharmacy supply chain is complicated. PBM contracts are purposefully ambiguous. And providers arbitrarily mark up the cost of drugs and drug administration in clinical settings.

The complexities are real. But you don’t have to understand all the fine print. Our experts have worked within the industry and across the supply chain from pharmaceutical manufacturing to PBMs to hospital pharmacies.

We know what to look for and we have your back; we make sure you are realizing the greatest value possible from your pharmacy benefits programs by unraveling the complexities.

Complete Transparency. Full Disclosure.

We take no money from anyone in the pharmacy supply chain: manufacturers, wholesalers, pharmacies, PBMs or any other third-party vendor.

We do not operate or benefit from any of our own coalition PBM agreements.

We are PBM agnostic and our recommendations are in your best interest.

Our fees are paid by our clients and fully disclosed in our contract. You know what you’re getting and what you’re paying for with Innovative.

5-Star Customer Service. Zero Disruption.

Our client and account service team members function as an extension of our clients, finding quick, effective solutions to their biggest pharmacy benefits problems so they can focus on their business.

Located throughout the U.S., we’re close to the clients we serve, providing regular, ongoing reporting and quick course corrections if adjustments are needed.

The last thing you want is plan member disruption making your lives harder. We give our clients what we’d want for ourselves: 5-star service, care, compassion and a focus on quick issue resolution. And zero disruption whenever possible.

Ready to Learn More?