Frustration in Community Pharmacy Highlights Tainted Benefits System

When pharmacy clients and other health care entities approach LucyRx, their most common challenge is typically frustration. From vertically integrated pharmacy benefit managers (PBMs) to what many experts see is a broken system, companies like LucyRx are finding new and innovative ways to make all drug supply chain entities financially stable.

“My hope is for Lucy and other like-minded companies to reimagine the delivery of pharmacy, because we simply can't afford it,” said David Blair, CEO of LucyRx. “We're going from a $500 billion spend as a country to a trillion dollars over the next 6 or 7 years, and we can't afford it. My hope is that companies like Lucy will really reinvent the way pharmacy is delivered.”

Blair recently sat down with Drug Topics to discuss his company, which is an independent PBM that is rewriting the playbook for how pharmacy benefits are administered in the US. Whether its within specialty pharmacy, health systems, or independent chain locations, LucyRx is redefining the delivery of prescription medications. Not only is Lucy helping its clients improve their bottom line, but it is also working to uncover the truth behind why prescription drugs in the US are so expensive.

Learn more about LucyRx and the entities it serves. Lucy has goals of furthering professions within health care, improving health outcomes of patients across the country, and ultimately reimagining the pharmacy benefits market.

Stay tuned for more from our conversation with Blair as he explains the importance of pharmacists within his company’s mission.

READ MORE: How Innovation is at the Heart of Independent PBM LucyRx

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