Centene (NYSE:CNC), Walgreens (NASDAQ:WBA) and RxAdvance have agreed to partner on
introducing a new model for pharmacy management aimed at improved
transparency, an enhanced customer experience and better health outcomes
at lower costs.
The partnership will leverage RxAdance’s
Collaborative PBM Cloud transactional platform and clinical intelligence
with Walgreens’ retail pharmacy knowhow and Centene’s leadership in
delivering comprehensive healthcare services to the underserved.
Centene has increased its ownership stake in
RxAdance while Walgreens has made a “small” investment. Specific
financial terms are not disclosed.
https://seekingalpha.com/news/3506466-centene-walgreens-team-rxadvance-pharmacy-management
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