Pharmcentrix Health was founded in 2018 by a cohort of pharmacists that understood the issues payors and providers faced with current PBM practices. Healthcare spending in the U.S is growing at an alarmingly rate. The Centers for Medicare and Medicaid (CMS) released National Health Expenditure (NHE) Data for 2016 and revealed a 4.3% growth to $3.3 trillion dollars. NHE predicts spending to increase to an average rate of 5.5% and to reach $5.7 trillion dollars by 2026. Much scrutiny has been placed towards drug manufacturers and more specifically on PBM’s as little to no regulation exists for this industry.
Here at Pharmcentrix Health, we customize formularies that are fair, unique and efficacious, thus meeting the needs of payors and patients. We provide full disclosure of pricing and have set fees for our respective services. If the price of a medication changes, we guarantee our pricing will reflect this. We have developed an innovative technology based infrastructure capable of supporting all clinical and informatic needs in addition to a robust quality assurance process that places an emphasis on compliance. We offer our members the option to enroll in mail order service, but do not mandate it. Our focus is simple, creating a fair market that is sustainable by providing value, transparency and personalized health services centered around our clients, partners and patients.