Health Plan Alliance Announces Addition of RxSense to its Group Purchasing Organization
Health Plan Alliance
02/20/2020
IRVING, Texas, February 20, 2020 – The Health Plan Alliance (Alliance), a national organization for provider-sponsored and independently-owned health plan collaboration, today announced an exclusive group purchasing organization (GPO) contract with RxSense®, a healthcare technology company offering enterprise solutions for pharmacy benefits administration. RxSense is offering the nearly 50 Alliance members access to its transformative enterprise platform, RxAgile®, which delivers modern, flexible solutions to efficiently manage pharmacy benefits.
RxSense provides Alliance members with preferred pricing and value-added services, including a no-fee, private label opportunity analysis, to help them determine which enterprise solutions, including self-service options, may be the best fit for their business and clinical needs. Unlike other pharmacy benefits software, RxAgile offers clients a user-friendly interface to easily track all adjudications, instantly investigate past claims and maintain accurate historical records, without the need for IT support. The platform delivers an estimated 30 percent increase in operational efficiency and claims adjudication that is two to three times faster than the industry standard.
“RxSense simplifies pharmacy benefits administration,” said Jaime González, chief business development officer of the Alliance. “The RxAgile platform will provide Alliance members with the tools they need to stay competitive and more quickly adapt their pharmacy benefits as changes occur in the healthcare marketplace.”
RxSense was founded in 2015 with a mission to develop technology solutions that improve healthcare transparency and access to more affordable medications. Co-founder and CEO Rick Bates brought a seasoned group of healthcare veterans familiar with the challenges of the industry and paired them with a savvy tech team to develop a sophisticated architecture to address the pain points of pharmacy benefits administration. The result was RxAgile, a cutting-edge cloud-based platform that’s smart and simple to use, offering the speed and flexibility to meet the needs of any client.
“We understand the technical challenges that health organizations face because our team has deep experience in the healthcare and pharmacy benefits industry—it was our impetus for building RxAgile, a uniquely transparent and comprehensive technology solution for pharmacy benefits,” said Rick Bates, co-founder and CEO of RxSense. “We’re proud to join the Alliance and support its members with our enterprise solutions that deliver unparalleled flexibility, transparency and operational efficiency for dramatic cost savings.”
Alliance members interested in learning more about RxSense may attend their GPO Vendor Spotlight webinar on March 19 and access their GPO contract from their vendor directory listing on the Alliance website.
About RxSense
RxSense® is a healthcare technology company developing industry-leading solutions that improve transparency and access to more affordable medications for millions across America. SingleCare® is a free prescription savings service available through mobile app or discount cards on singlecare.com that can save consumers up to 80% on their prescriptions. FamilyWize is a prescription savings service that partners with some of the most respected community groups and health care providers in the country, including United Way Worldwide and the American Heart Association. RxSense's transformative enterprise solutions bring transparency, flexibility and efficiency to pharmacy benefit administration, serving pharmacy benefit managers, regional health plans, health systems, third party administrators, new healthcare technology and new healthcare and pharmacy entrants. RxSense’s vertically integrated business, including its own proprietary technology for claims management and adjudication and direct contracts with the nation’s largest pharmacies (including CVS, Walmart and Walgreens), allows it to deliver consistently low prices on prescription drugs to improve the access and adherence to medication for people across America. RxSense is headquartered in Boston with offices in New York City, greater Philadelphia and West Palm Beach, Fla. For more information, visit rxsense.com.
About Health Plan Alliance
The Health Plan Alliance is a national organization that brings provider-sponsored and independently owned health plans together with their health system and provider group leaders for unparalleled peer-to-peer collaboration. For more than 20 years, Health Plan Alliance members have leveraged the collective knowledge of our community to enhance their business acumen and advance the quality of health care delivery in their communities. For more information visit healthplanalliance.org or email info@healthplanalliance.org.
Media contact:
Nicole Fultz
Director, CX and Communications
972-830-8691
nicole.fultz@healthplanalliance.org