CenterWell, Humana’s pharmacy branch, is collaborating with Mark Cuban’s Cost Plus Drug Co. for an employer-based program, according to an April 27 news release.
CenterWell will use Cost Plus Drugs’ SwiftyRx, a digital pharmacy software-as-a-service solution, for medication order intake. The platform should enable CenterWell to offer home delivery pharmacy services for the insurer’s eligible workforce in the Humana Associate Benefit Plan.
Along with SwiftyRx, the organizations will harness Cost Plus Drugs’ drug pricing and CenterWell’s distribution strategies. The collaboration aims to ease access and reduce patient cost through smoother onboarding, automated benefit checks, lowered costs to fill prescriptions and operational efficiency.
Pharmacy at Humana President Bethanie Stein, PharmD, said CenterWell’s ability to serve as a distribution partner hinges on its “capacity, infrastructure and proven quality measures, all of which drive a better experience for our patients.”
“We’re working with CenterWell Pharmacy because we trust the team and like what they’re doing in trying to improve prescription affordability,” Mr. Cuban said in the release. He has been a longtime critic of vertically integrated insurers as employers struggle with healthcare costs. Mr. Cuban recently backed legislation to break up these companies.
At the Forbes Healthcare Summit in December, Mr. Cuban and Humana CEO Jim Rechtin hinted at a partnership but could not provide additional details at the time.
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