Planned biosimilar, generic and gene therapy releases may affect your clients and their benefit designs – join our upcoming webinar for insights that best prepare you to help drive decisions. Alex Peaslee, PharmD, will frame the current approval environment and discuss the 2024-25 pipeline outlook. Register today: https://ow.ly/8XtQ50SL6oa
Navitus Health Solutions
Hospitals and Health Care
Madison, WI 19,725 followers
We are committed to helping humans by making medications more affordable for the people who need them.
About us
Navitus Health Solutions, LLC, owned by SSM Health and Costco Wholesale Corporation, was founded in 2003 as an alternative to traditional pharmacy benefit manager (PBM) models. Navitus approaches pharmacy services differently. We are purpose-driven to help humans and committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. We proudly serve over 14 million people through more than 800 plan sponsor and health plan client relationships. Our transparent, fully pass-through model enables our clients to achieve their goals and drive desired health and financial outcomes.
- Website
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http://www.navitus.com
External link for Navitus Health Solutions
- Industry
- Hospitals and Health Care
- Company size
- 1,001-5,000 employees
- Headquarters
- Madison, WI
- Type
- Privately Held
- Founded
- 2003
- Specialties
- Pharmacy Benefit Manager and Health Care Services
Locations
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Primary
2601 W Beltline Highway
Ste 600
Madison, WI 53713, US
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1025 West Navitus Drive
Appleton, WI 54913, US
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7501 N Capital Of Texas Hwy
Building C, Suite 200
Austin, TX 78731, US
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5350 E High Street
Suite 200
Phoenix, AZ 85054, US
Employees at Navitus Health Solutions
Updates
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We're looking for a Reimbursement Analyst, Pharmacy Networks to support our mission of keeping medications affordable for our members. Apply now: https://ow.ly/GPQI50SLmOx
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We are offering remote work opportunities across our organization. Do you have a track record of meeting deadlines and communicating well online? If so, we’d love to have you join our team. Help us drive our mission of making medications more affordable for members by applying today at www.navitus.com/careers.
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Industry expert and Associate Director, Client Financial Support at Navitus, Ryan Schmidt, spoke with Managed Healthcare Executive to discuss the drug spend findings in our 8th annual Drug Trend Report. (https://lnkd.in/gJEgFvwG). “The biggest thing that stands out is non-specialty growth,” Ryan reported. “We’ve been doing this for quite a few years, and this is the first time in a while that non-specialty drugs have exceeded specialty growth.” Read the full article: https://lnkd.in/eXCdnXtb #DrugTrendReport
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Join us in welcoming our newest PGY1 Managed Care residents, Janvi Shah, PharmD, Ashley Golter, PharmD and Justin Arzt. Our 12-month program will enable them to participate in a diverse variety of experiences at Navitus and our on-site specialty pharmacy, Lumicera Health Services. We are also proud to announce that last month, Darryl Monroe II, PharmD, MBA and Trey Jones, PharmD Jones successfully completed their residencies. They both will be staying with Navitus in rebate and clinical roles, respectively. Interested in learning more about what makes our program exceptional? Explore what our program has to offer: https://lnkd.in/gDNTTZcX
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We are looking for a highly-experienced manager to oversee our Pharmacy Network Reporting team. If you are interested, apply now: https://lnkd.in/gS4K7n7J.
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Clear data empowers clients to make impactful decisions. That’s why we're proud to publish our 8th annual Drug Trend Report. It's one of the many ways our transparent, pass-through model gives you the clearest view of our industry. Download the full report now: https://lnkd.in/gJEgFvwG #DrugTrendReport
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In light of the recent Federal Trade Commission (FTC) report targeting deceptive practices in the PBM industry, we are proud to reaffirm the values that drive our mission – making medications more affordable for the people who need them, so they can live their lives more fully. David W. Fields, CEO at Navitus, said Tuesday, “We applaud the FTC for shining a spotlight on this issue and stand in opposition to the backroom negotiations between drug companies and the Big Three, where high prices result in large rebates that the PBMs use to satisfy their profit machines.” David went on to share, “Our 8th annual Drug Trend Report, which launches publicly Monday, July 15, includes real, auditable data that shows what we pay for medications on behalf of our clients.” Plan sponsors and health plans are increasingly seeking alternative PBM models that promote transparency and align with their goals of delivering cost savings to members. That's just one of the reasons UCare moved to Navitus in 2024. Patrick Mitsch, Vice President of Pharmacy at UCare recently said, "We don’t want to get mixed in or muddied up with any of those other practices that may be associated with some of the other PBMs" in an article by Modern Healthcare. Read the FTC report: https://lnkd.in/grcNSQqK Read David Fields’ full statement: https://lnkd.in/epGgrqFb Read the Modern Healthcare article: https://lnkd.in/enRrVF-e
Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies
ftc.gov
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Lumicera Health Services, our specialty pharmacy, has grown to six locations and filled over 1 million prescriptions. And they reached another major milestone last week: A decade of improving specialty pharmacy care, one patient at a time. We were honored to join them in celebration of their 10th anniversary, and are excited to see what they accomplish next!
Yesterday, we celebrated our 10th anniversary with all of our associates across the country. It was a day filled with great memories, fun and games, wonderful food and amazing reflections on being the first cost-plus specialty pharmacy, how much we’ve accomplished and how much we’ve grown! We were also fortunate enough to have Senator Dianne Hesselbein, Representative Lisa Subeck and Sarah Smith stop by for a visit in Madison. Thank you to everyone for a great day!