Anthem's pharmacy benefit manager snapped up pharma startup Zipdrug

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Anthem's newly created pharmacy benefit manager PBM , IngenioRx, snapped up data-driven pharmacy startup Zipdrug to offer its on-demand medication delivery in Anthem health plans or as a standalone service. For context, Zipdrug's app works by automating in-home prescription ordering and delivery to improve medication adherence. The app also offers services that determine which pharmacies have the lowest copay.

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Zipdrug's services should help Anthem ensure higher levels of medication adherence among its members, which should curb long-term healthcare costs for both the payer and its enrollees. According to a 2019 report in the American Journal of Managed Care, a major barrier that contributes to delayed or improper prescription medication adherence is a high out-of-pocket cost: The median US household already spends more than 3,700 annually in out-of-pocket costs alone. See the rest of the story at Business InsiderSee Also:Qure.ai won FDA clearance for its AI-powered head CT scanning toolRepurpose.AI partnered with LEO Pharma to accelerate drug discoveryFCC tacks on another 198 million to Rural Health Care Program funding

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