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Friday, February 13, 2015

Prescription Drug Discount Card at PBIRx

PBIRx®
Intelligent Solutions in Pharmacy Benefits
612 Wheelers Farms Road, Milford, CT 06461
(888) 797-2479

PBIRx, Milford CT, Prescription Drug Discount Card
Are you an entity that provides pharmacy benefits to your employees or members? Do you have employees that do not receive pharmacy benefits? Would you like to learn how you can save money for those members who do not participate while at the same time generate additional revenue for your company? Here at PBIRx, our Prescription Drug Discount Card program offers the opportunity for you to do both.

The Community Care Prescription Drug Discount Card provides card holders with a multitude of discounts on many prescription drugs purchased at a retail pharmacy - including pet medications! Statistically speaking, our card holders save about an average of 48% off of the original price of their medications. How? Our prescription discount card provides its holder with a 15% discount off of brand name medications and a 45-85% discount off of generic medications! And the best part? There is no limit to the number of prescriptions that can be filled and purchased when using our card!

How It Works:

In order to take advantage of the discounts available through this program, a customized card developed between you and PBIRx must be presented to a pharmacy when purchasing a prescription. Once the information is entered by the pharmacist, the prescription's cost is calculated based on the pharmacy's agreement with our program. Discounts are available for all FDA-approved brand and generic prescription medications and is accepted at over 80% of all pharmacies in the US and its territories; pharmacies include but are not limited to Walgreens, Wal-Mart, Target and CVS.  

For more information about our discount card and how your company can participate in this program, please click here or contact us at (888) 797-2479 today.

Wednesday, February 11, 2015

Rite Aid Acquires EnvisionRx

PBIRx®
Intelligent Solutions in Pharmacy Benefits
612 Wheelers Farms Road, Milford, CT 06461
(888) 797-2479

PBIRx, Milford CT, Rite Aid Acquires EnvisionRx
Rite Aid Pharmacy chain announced today its $2B acquisition of EnvisionRx, a Pharmacy Benefit Manger. EnvisionRx offered a robust Medicare Part D program, which Rite Aid will benefit from. This acquisition will be interesting to watch since Rite Aid is often excluded in various PBMs smaller pharmacy networks. Also of interest is that Walgreens Pharmacy chain sold their PBM last year with a much bigger focus solely on Specialty Pharmacy and the CVS Pharmacy chain seems to be profiting from the acquisition of CVS Caremark a few years ago.

According to the Wall Street Journal, CVS Health Corp.'s pharmacy services business revenue increased to $23.9 billion (that's a 22% jump) for the three months through December 31. As stated in the article, this was driven by "continued growth in specialty-pharmacy sales after they acquired Coram Specialty Infusion Services." Due to its growth in its Medicaid programs, it has been noted that the pharmacy network claims also grew at 8.2%.

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