In this episode of Healthcare Happy Hour, sponsored by AffirmedRx, David Saltzman speaks with Mike Stancil, Vice President of Strategic Alliances at AffirmedRx, about the unique structure of public benefit corporations in healthcare, emphasizing the importance of prioritizing patient care over profits. They discuss the need for transparency in pharmacy benefits, the growing awareness among employers regarding their options, and the complexities surrounding specialty medications. The conversation highlights the innovative approaches AffirmedRx is taking to ensure better healthcare outcomes while maintaining ethical standards.
Takeaways
- AffirmedRx is a public benefit corporation prioritizing patient care.
- Transparency is crucial in pharmacy benefits management.
- Employers are increasingly aware of their pharmacy benefit options.
- Specialty medications account for a significant portion of healthcare costs.
- Innovative solutions are needed to manage specialty medication costs.
- Patient care advocates are dedicated to each client at AffirmedRx.
- The healthcare market is evolving with more informed employers.
- Intelligent formulary design can help manage costs effectively.
- Engagement with coalitions can lead to better healthcare solutions.
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