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Rx Savings Solutions

rxss.com

Services

Rx Savings Solutions provides a pharmacy solution that layers on top of existing benefits without changing plan designs. The service is compatible with any PBM or engagement solution. The company also offers concierge-style support from a team of licensed pharmacists and certified pharmacy technicians. Members receive personalized notifications about savings opportunities, and the service includes a patented technology that analyzes every claim in real time to find savings on prescriptions.

Technology

Rx Savings Solutions utilizes patented technology to analyze pharmacy claims, identifying potential savings on prescriptions. The technology incorporates a clinical pricing algorithm designed by pharmacists. The company maintains a substantial database featuring over 50,000 clinically-based, dose-adjusted savings suggestions, which ensures that the savings opportunities are current and reliable.

Member Engagement

Member engagement is a key focus for Rx Savings Solutions. The company reports a 46% engagement rate among members with pharmacy claims. This engagement is driven through personalized notifications, making members aware of potential savings opportunities. Additionally, the concierge-driven personalized service results in an average annual savings of $1001 for members who utilize these recommended switches.

Client Base

Rx Savings Solutions serves a diverse range of clients, including Fortune 500 companies, health plans, and public sector organizations. The company boasts a client retention rate of 97%, reflecting high satisfaction levels and the effectiveness of its services.

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