Regional PBM Achieves 30% Cost Reduction with RxLogic Platform
A mid-sized PBM leverages RxLogic's transparent technology to deliver significant cost savings while improving member satisfaction.
Key Results
30% reduction in operational costs, 95% improvement in claims processing speed, 40% increase in rebate capture, and a 25% improvement in member satisfaction scores.
The Challenge
The PBM was struggling with legacy systems that lacked transparency, real-time processing capabilities, and modern analytics. Manual processes were creating delays and increasing operational costs.
The Solution
RxLogic implemented its cloud-native platform with real-time adjudication, automated rebate tracking, and NDC-11 level reporting. The platform integrated seamlessly with existing systems while providing immediate visibility into all transactions.
Overview
When a regional pharmacy benefit manager (PBM) sought to modernize its operations and deliver better value to clients, they turned to RxLogic's cloud-native platform.
The implementation included real-time claims adjudication, automated rebate administration, and comprehensive reporting capabilities—all designed to eliminate inefficiencies and increase transparency.
Within the first year, the PBM saw dramatic improvements across key performance indicators, demonstrating the tangible value of modern, transparent pharmacy benefit technology.