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LucyRx Partners with Employers for a New Kind of PBM
Managed Healthcare Executive May 31, 2024
LucyRx will begin providing pharmacy benefit services to self-insured employers, covering about half a million lives, beginning in January 2025.
Over the last 18 months, the pharmacy benefit manager (PBM) LucyRx has acquired and developed new technologies for managing claims, formed strategic partnerships, hired 100 people including clinicians, aligned with 65,000 pharmacies and signed new clients. And beginning in January 2025, the new PBM will begin providing pharmacy benefit services to self-insured employers, covering about half a million lives.
Related: New PBM Launches to Bring a New Model to Pharmacy Benefits
LucyRx launched last year with $500 million in equity and with a goal of making drug benefit management more accessible and understandable for clients and consumers. The PBM has...
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