We’re called Health Strategy for a reason

We want the best performance possible for your pharmacy benefits. Our mission is simple. From the dotted line to the bottom line, we help you create a pharmacy benefits strategy that provides optimum wellness at the most affordable cost.

A TEAM OF EXPERTS

Health Strategy offers a diverse set of qualifications as a pharmacy benefits consulting team. Our industry thought leaders possess a range of expertise within the pharmacy benefit supply chain—from pharmaceutical manufacturing and retail distribution to advanced analytics.

Meet Our Team of Experts

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    A record of proven results and significant savings

    Since 2006, Health Strategy has worked with hundreds of self-funded employers and health plans to maximize savings through optimized pharmacy benefits strategies.

    2006
    Health Strategy is founded
    Introduction of custom formulary to marketplace 4–7% higher GDR when compared to standard offering
    Introduction of savings feasibility assessment to marketplace
    2009
    Introduction of cost+ pricing/direct contracting to marketplace 6–10% savings when compared to PBM, broad network pricing
    Sold health plan’s PBM, outsources PBM services and negotiated PBM agreement $4.7 billion transaction, ~$15 billion in annual pharmacy spend
    2010
    Developed patented MAC list management tools
    2011
    Outsourced PBM services for large health plan ~$10 billion in annual pharmacy spend
    2012
    Developed automated process for pharmacy claims performing ‘monitoring’
    Ran RFP process and negotiated PBM agreement for large health plan ~$1 billion in annual pharmacy spend
    Awarded Cost+ pricing methodology patent
    2013
    Introduction of contract vulnerability assessment (CVA) to marketplace
    Outsourced PBM Services for large health plan ~$13 billion in annual pharmacy spend
    2014
    Developed formal audit division
    2015
    Ran RFP process and negotiated PBM agreement for large health plan ~$8 billion in annual pharmacy spend
    Developed proprietary specialty drug list management tool
    Developed template PBM agreements with major PBMs
    Introduction of client pharmacy benefit “report card” to marketplace
    2016
    Running RFP process for large health plan ~$1 billion in annual pharmacy spend
    Ran RFP process & negotiated PBM agreement for large health plan ~$1 billion in annual pharmacy spend
    Began development of predictive analytics platform
    Began development of exclusive direct contract specialty networks

    “We engaged Health Strategy to help guide our pharmacy strategy in 2010 and have been working with them ever since. The return on investment every year has been greater than 15:1.

    Health Strategy is engaged on every one of our PBM and pharmacy related calls to ensure they are up to speed on all facets of our pharmacy benefit. They weigh in and provide recommendations on all pharmacy strategy decisions. Working closely with us, they created our plan design, created a custom formulary and provide ongoing management of it. These items have allowed us to enjoy a world class 89% generic dispensing rate with significant annual savings.”

    –Benjamin Ryder, Sr. Benefits Manager, Whirlpool Corporation