Walgreens Boots Alliance, Centene and the pharmacy benefit manager RxAdvance Thursday said they are partnering to “increase transparency” and reduce costs through a cloud-based pharmacy benefit platform.
Centene last year bought a stake in RxAdvance, a cloud-based pharmacy benefit manager that is trying to tap into the rapidly consolidating and changing PBM industry. Now Walgreens, which doesn’t own a PBM, said it will build on its partnership with Centene, a health insurance company that is working its way through an acquisition of WellCare Health Plans to operate health plans across the U.S.
