RxAdvance today announced that the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART), one of North America’s most dynamic and diverse unions with 216,000 members, has awarded its multi-year pharmacy benefit management (PBM) services contract to RxAdvance beginning on Jan. 1, 2018. Through RxAdvance’s innovative, market-disrupting services, SMART will pursue its commitment to offering cost-effective coverage to members. RxAdvance is the first PBM in the marketplace to deliver true transparency and collaborative partnership to plan sponsors—allowing SMART complete visibility into the PBM’s pricing, operations, utilization, compliance, and modeling. The SMART PBM services agreement will leverage RxAdvance’s comprehensive PBM services and market-leading Collaborative PBM Cloud™ platform to deliver overall pharmacy and avoidable drug-impacted medical savings, while streamlining specialty spend for SMART. ... |