Navitus Bay wind farm

GoodRx Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Health, Apps, Applications, Technology, Health Technology, Health Insurance, Pharmaceutical, Adjustment, Macs, Navitus Bay wind farm, Share repurchase, GAAP, Gold, Acquisition, Growth, Marketing, Partnership, Interim, Pharmacy, Eye, Sanofi, GoodRx, Insulin, Nursing, Reinsurance, Music, Bookkeeping, Pharmaceutical industry

GoodRx Holdings, Inc. (Nasdaq: GDRX) (“GoodRx” or the “Company”), a leading resource for healthcare savings and information, has released its financial results for the third quarter 2023.

Key Points: 
  • GoodRx Holdings, Inc. (Nasdaq: GDRX) (“GoodRx” or the “Company”), a leading resource for healthcare savings and information, has released its financial results for the third quarter 2023.
  • As of September 30, 2023, GoodRx had cash and cash equivalents of $794.9 million and total outstanding debt of $661.8 million.
  • During the third quarter of 2023, we repurchased $7.7 million in shares of Class A common stock, representing approximately 1.1 million shares.
  • For the fourth quarter and full year 2023, and full year 2024, management is anticipating the following:

Noom Announces Navitus Health Solutions as Latest Noom for Work Partner

Retrieved on: 
Wednesday, October 18, 2023
Technology, Diabetes, Health, General Health, Mental Health, Health Technology, Apps, Applications, Software, Fitness & Nutrition, Mobile, Wireless, Telemedicine, Virtual Medicine, Psychology, PBM, Habit, Curriculum, Partnership, Pharmacy, Work, Mental health, Nursing, Navitus Bay wind farm, Noom

Noom , the digital healthcare company that builds healthy habits and promotes better living, today announced that its enterprise unit, Noom for Work , has entered into a partnership with Navitus Health Solutions, LLC, a unique pass-through pharmacy benefit manager (PBM), to help its clients and members gain better physical and mental health outcomes through Noom Weight, Noom Diabetes Prevention Program, and Noom Mood.

Key Points: 
  • Noom , the digital healthcare company that builds healthy habits and promotes better living, today announced that its enterprise unit, Noom for Work , has entered into a partnership with Navitus Health Solutions, LLC, a unique pass-through pharmacy benefit manager (PBM), to help its clients and members gain better physical and mental health outcomes through Noom Weight, Noom Diabetes Prevention Program, and Noom Mood.
  • These programs are also available for clients of EpiphanyRx , Navitus’ in-house solution for emerging market employers.
  • As employers and payers are continually looking for opportunities to drive efficiencies, uncover cost savings, and bring cutting-edge programs to their clients and members, Noom for Work provides an all-in-one platform that meets these needs.
  • “We are thrilled to have this opportunity to bring Noom for Work to Navitus, an innovative organization we are proud to partner with,” said Geoff Cook, CEO of Noom.

Navitus Health Solutions Partners with Noom for Work to Provide Comprehensive Metabolic and Stress Management Solution

Retrieved on: 
Wednesday, October 18, 2023
Technology, Diabetes, Health, Insurance, Human Resources, Apps, Applications, Pharmaceutical, Professional Services, Mental Health, Telemedicine, Virtual Medicine, Managed Care, General Health, Fitness & Nutrition, Health Insurance, Psychology, Obesity, Weight loss, Navitus Bay wind farm, Habit, Prediabetes, Curriculum, Partnership, Pharmacy, Work, Pharmaceutical industry, Noom

Navitus Health Solutions announced today a partnership with Noom’s enterprise unit, Noom for Work , to manage weight loss and stress by delivering three preventive health programs for Navitus clients and their members: Noom Weight, Noom Diabetes Prevention Program, and Noom Mood.

Key Points: 
  • Navitus Health Solutions announced today a partnership with Noom’s enterprise unit, Noom for Work , to manage weight loss and stress by delivering three preventive health programs for Navitus clients and their members: Noom Weight, Noom Diabetes Prevention Program, and Noom Mood.
  • These programs are also available for clients of EpiphanyRx , Navitus’ in-house solution for emerging market employers.
  • Employers are increasingly seeking opportunities to provide cost-saving, effective weight management programs, amid the singular attention on expensive medications, as well as integrated stress management programs that improve the lives of their employees.
  • The collaboration between Navitus and Noom for Work aims to proactively address the long-term health and cost impacts of pre-obesity, pre-diabetes, and stress.

GoodRx and Navitus Health Solutions Announce Savings Connect Program to Deliver Lower Prescription Prices for Navitus Members

Retrieved on: 
Thursday, October 12, 2023
Health, Pharmaceutical, Apps, Applications, Technology, Telemedicine, Virtual Medicine, Pharmacy, PBM, Navitus Bay wind farm, Insurance, Prescription, Health insurance, Nursing, GoodRx

This program, when elected by clients, provides members with automatic access to GoodRx prices on generic drugs in a seamless experience at the pharmacy counter.

Key Points: 
  • This program, when elected by clients, provides members with automatic access to GoodRx prices on generic drugs in a seamless experience at the pharmacy counter.
  • Consumers no longer have to proactively review and choose between using their insurance or a discounted price available through GoodRx.
  • “We are excited to partner with Navitus to deliver lower-cost prescriptions to their members, and also strengthen the impact of our prescription savings within the insurance benefit marketplace.”
    No additional action is required by eligible Navitus members to access GoodRx savings through the Savings Connect program.
  • This program was previously introduced to clients of EpiphanyRx, Navitus’ in-house solution for emerging and mid-market employer groups, in Q4 2022.

Navitus Health Solutions Partners with Virta Health to Address Type 2 Diabetes and Obesity Epidemics

Retrieved on: 
Tuesday, October 10, 2023
Insurance, Diabetes, Fitness & Nutrition, Telemedicine, Virtual Medicine, Professional Services, Health Insurance, Managed Care, General Health, Pharmaceutical, Health, Type 2 diabetes, Partnership, Prediabetes, Conditional sentence, Obesity, Pharmacotherapy, Prevalence, Pharmaceutical industry, Navitus Bay wind farm

Navitus Health Solutions announced today a partnership with Virta Health , making Virta’s industry-leading solutions for reversal of type 2 diabetes, prediabetes, and obesity available to Navitus clients.

Key Points: 
  • Navitus Health Solutions announced today a partnership with Virta Health , making Virta’s industry-leading solutions for reversal of type 2 diabetes, prediabetes, and obesity available to Navitus clients.
  • This will augment existing and emerging solutions to support payors that seek to manage these conditions within their member populations.
  • “Navitus has 20 years of experience lowering costs for plan sponsors while helping members access clinically appropriate care,” says Laura Jester, Vice President, Clinical Services at Navitus.
  • With this partnership, Navitus clients can seamlessly plug Virta into the list of benefits and watch healthcare costs go down,” said Kevin Kumler, President at Virta Health.

UCare selects Navitus Health Solutions as its aligned Pharmacy Benefits Manager

Retrieved on: 
Thursday, September 28, 2023
Insurance, Pharmaceutical, Managed Care, General Health, Health, Professional Services, Health Insurance, Other Health, UCAR, Forest Law Enforcement and Governance Program, Exchange, Multimedia, Navitus Bay wind farm, Organization, Medicare, PBM, Management, Medicaid, Pharmacy

UCare – a leading independent, nonprofit health plan – has selected Navitus Health Solutions, LLC to deliver pharmacy benefit management (PBM) services to the health plan’s more than 600,000 members across all lines of business.

Key Points: 
  • UCare – a leading independent, nonprofit health plan – has selected Navitus Health Solutions, LLC to deliver pharmacy benefit management (PBM) services to the health plan’s more than 600,000 members across all lines of business.
  • View the full release here: https://www.businesswire.com/news/home/20230928793513/en/
    UCare selected Navitus for its members-first approach, government programs expertise, nationwide pharmacy networks, quality programs and flexible approach to health plan support.
  • Navitus provides an alternative to traditional PBM models and an approach that aligns with UCare’s goals to deliver cost savings to members.
  • “Not only is Navitus aligned with our mission and government program focus, but they offer innovative solutions to make medications more affordable.”
    “We are thrilled to be partnering with UCare to implement benefits across their Medicare, Medicaid, and Exchange lines of business,” said Navitus President & CEO, David Fields.

Navitus Health Solutions Celebrates 20 Years of Transformative Pharmacy Benefit Management

Retrieved on: 
Thursday, August 17, 2023
Health, Pharmaceutical, Appleton, Pharmacy, Costco, PBM, Pharmaceutical industry, Navitus Bay wind farm, Lumicera

This week, Navitus Health Solutions, LLC celebrates 20 years of delivering best-in-class pharmacy benefit management (PBM) services.

Key Points: 
  • This week, Navitus Health Solutions, LLC celebrates 20 years of delivering best-in-class pharmacy benefit management (PBM) services.
  • Through a fully transparent, 100% pass-through model, Navitus has grown to serve more than 11 million people across more than 1,000 plan sponsor and health plan client relationships in two decades.
  • In 2007, Navitus was acquired by Dean Health Plan, Inc., and in 2020, Costco Wholesale Corporation acquired a minority stake in Navitus.
  • Navitus’ Appleton and Phoenix offices also held events, with the celebration in Madison accessible via live stream for remote employees.

Global Pharmacy Benefit Management Research Report 2023: Market to Grow by Over $185 Billion by 2027 - Strategic Partnerships will be Key to Stay Competitive - ResearchAndMarkets.com

Retrieved on: 
Friday, July 28, 2023
Professional Services, Health, Insurance, Health Insurance, General Health, Pharmaceutical, Drug utilization review, Pharmacy, Partnership, Hospital, Negotiation, Navitus Bay wind farm, Organization, PBM, Strategic partnership, Pharmacist, Acquisition, Patient, Case management, Growth, Ferdinand Magellan, Health care, Renewable energy

The global pharmacy benefit management market has witnessed significant growth, reaching $579.25 billion in 2023 with a robust compound annual growth rate (CAGR) of 7.0%.

Key Points: 
  • The global pharmacy benefit management market has witnessed significant growth, reaching $579.25 billion in 2023 with a robust compound annual growth rate (CAGR) of 7.0%.
  • Pharmacy benefit management involves crucial services such as case management, disease management, and drug utilization to ensure reduced prescription costs for insurers and insurance companies.
  • The rise in the number of people availing of insurance is driving the growth of the pharmacy benefit management market.
  • The countries covered in the pharmacy benefit management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Geisinger Health Plan Selects Navitus Health Solutions as Transformative Pharmacy Benefits Manager

Retrieved on: 
Thursday, July 20, 2023
Managed Care, General Health, Professional Services, Pharmaceutical, Healthcare Reform, Hospitals, Health Technology, Health Insurance, Insurance, Human Resources, Practice Management, Health, Public Policy, Government, Human, Life, Pharmacy, GHP, Multimedia, Navitus Bay wind farm, Pharmacist, Organization, Medicare, PBM, Risk management, Health insurance

Geisinger Health Plan (GHP) has selected Navitus Health Solutions, LLC to deliver best-in-class pharmacy benefit management (PBM) services across all lines of business.

Key Points: 
  • Geisinger Health Plan (GHP) has selected Navitus Health Solutions, LLC to deliver best-in-class pharmacy benefit management (PBM) services across all lines of business.
  • With plans including Medicare, Pennsylvania Medicaid and commercial health plans, Geisinger meets the needs of local and regional members while making care easier and more accessible.
  • This model supports complete alignment to health plan and health system goals.
  • “Geisinger is committed to making health care easier so their members can focus on what matters most.

Navitus’ 2022 Annual Drug Trend Report Demonstrates Effectiveness of Model to Control Pharmacy Costs for Plan Sponsors

Retrieved on: 
Wednesday, June 21, 2023
General Health, Pharmaceutical, Health Insurance, Health, PBM, Plasma protein binding, Philosophy, Report, Senior, MBA, Pharmacy, Opacity, Pharmacist, Pharmaceutical industry, Navitus Bay wind farm

Navitus Health Solutions released its 2022 Drug Trend Report summarizing excellence in managing pharmacy benefit costs for plan sponsors and health plans serving commercial markets.

Key Points: 
  • Navitus Health Solutions released its 2022 Drug Trend Report summarizing excellence in managing pharmacy benefit costs for plan sponsors and health plans serving commercial markets.
  • The Report highlights a year-over-year trend of 2.6%, considering both specialty and non-specialty products with half of Navitus’ commercial clients experiences a drug spend decrease compared to 2021.
  • “Navitus was founded in 2003 and brought to market as an alternate PBM model.
  • This broke the traditional mold and did not lean on the same misaligned incentives and opacity widely seen in the industry.