EmsanaRx and Cleveland Clinic to bring Transparency to Pharmacy Benefits

EmsanaRx, a public benefit corporation, and Cleveland Clinic have announced a first-of-its-kind strategic affiliation. This collaboration will align EmsanaRx with Cleveland Clinic to further both organizations’ mission of providing cost-effective, high-quality care.

Cleveland Clinic will advise clinicians and multidisciplinary teams at EmsanaRx to support the company’s formulary development and utilization management programs and inform some of its benefit offerings.

The health system will provide outside perspective on the clinical value of new and existing medications, treatments and therapies, based on its best practices for patient care and expertise in the latest technologies and innovations in healthcare.

This strategic affiliation creates opportunities to provide new treatments to patients, lower prescription drug costs, and expand clinical programs. Its goals include delivering reliable information, and improving quality and patient satisfaction to EmsanaRx’s large employer clients and the lives they serve.

EmsanaRx is the first company launched by Emsana Health, an innovation studio created by the Purchaser Business Group on Health (PBGH) to tackle the largest problems facing employers today. PBGH is a nonprofit coalition of nearly 40 large private employers and public healthcare purchasers committed to transforming healthcare nationwide.

EmsanaRx has opened the black box of pharmacy benefits to deliver an entirely new level of clinical quality, price transparency, control and ease of doing business. Through extensive experience in personally designing company pharmacy benefit programs, and deep expertise in specialty pharmacy, EmsanaRx’s solutions deliver the highest quality clinical care.

Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Cleveland Clinic is a 6,500-bed health system that includes a 173-acre main campus near downtown Cleveland, 22 hospitals, more than 220 outpatient facilities, including locations in northeast Ohio; southeast Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England.

Takeaway: EmsanaRx plans to leverage its collaboration with Cleveland Clinic to improve how effectively it serves its large employer clients