Prime Therapeutics LLC and Magellan Rx Management (Prime/MRx) recently launched Pharmacy Match, a technology-enabled specialty pharmacy solution designed to drive competition through an expanded specialty pharmacy network and to lower drug costs for plan sponsors.
Pharmacy Match further amplifies Prime/MRx’s distinctive conflict-free approach to the prescription drug supply chain model by offering members access to a broader network of quality specialty pharmacies, reducing reliance on any single pharmacy partner and promoting real-time competition.
Another distinguishing feature is that Pharmacy Match is complementary to other existing Prime/MRx programs, including IntegratedRx with a proven industry-leading 95% satisfaction rating.
Powered by Free Market Health’s care-driven marketplace platform, Pharmacy Match offers a frictionless member experience, drives competition through an expanded specialty pharmacy network, and lowers drug costs for plan sponsors.
Free Market Health partners with forward-thinking payers and specialty pharmacies of all sizes to streamline the complex and opaque specialty medication fulfillment process to ensure patients have prompt access to lifesaving and life-altering medications.
To help create a frictionless experience, the real-time referral feature comparison shops the market and helps ensure members’ specialty medications are provided by the specialty pharmacy best suited to meet their needs.
And to help alleviate uncertainty, Pharmacy Match members who are new to therapy are engaged early to help ensure an uninterrupted journey. Through this platform, each specialty claim is tracked to fulfillment, elevating the experience for plan sponsors and their members.
In 2023, Magellan Rx, Prime’s specialty pharmacy, entered into a multi-year deal with Inovalon, a leading provider of cloud-based software solutions empowering data-driven health care, for its ScriptMed® Cloud platform. The improved patient-centered platform aims to drive additional value for Magellan Rx specialty care patients through streamlined support and an enhanced digital engagement experience.