Xevant

With specialty drugs making up over 50% of pharmacy spending but used by less than 2% of the population, the financial burden on plan sponsors is immense. Across our client base, the average plan cost per specialty prescription is a staggering $6,700—compared to just $106 for non-specialty drugs. That’s where Pharmacy Benefit Managers (PBMs) come in. PBMs not only help control costs through strategies like formulary management, rebate negotiations, and real-time analytics, but they also play a vital role in patient care. By offering clinical oversight and supporting adherence, PBMs help ensure patients receive the treatment they need safely and effectively. Want to learn more about how PBMs optimize both costs and care in specialty pharmacy management? Check out our latest blog: https://lnkd.in/gPd3wG3b

GLP-1 medications are a breakthrough in obesity care, but their rising popularity is driving up costs at an unsustainable rate. How can employers balance employee health and affordability when it comes to GLP-1 therapies? Our new e-book breaks down how to manage these rising costs while still supporting employee health. Get insights on the latest obesity treatment options, including GLP-1s, and practical strategies for sustainable weight management. 👉 Download now: https://lnkd.in/d8DfDBBu

As GLP-1 medications grow in popularity for weight loss, the need for effective cost management is more critical than ever. Xevant's new GLP-1 Dashboard empowers pharmacy benefit stakeholders to control rising therapy costs with real-time, data-driven insights. This tool helps users quickly track spending, assess utilization trends, and uncover cost-saving opportunities. Read the full press release to see how our GLP-1 Dashboard is helping teams make informed decisions to optimize formulary management and maximize savings: https://lnkd.in/g727niZk

Huge congratulations to our September X Award winner, Daniel Telford! 🎉 Dan has been instrumental in driving success across multiple projects, always stepping up with creative solutions and delivering outstanding results. His willingness to jump in wherever needed, his dependability, and his commitment to getting things done in a timely manner have made a significant impact on his team and on Xevant as a whole. To borrow from some of the amazing feedback we heard from your colleagues, Dan, thanks for going above and beyond and for being a "super cool dude!" #WEDELIVER #WECARE #WEINNOVATE

For PBM account teams, contract renewals are a pivotal moment to reinforce client relationships and showcase your value. Whether you're aiming to avoid a bid or stand out when clients explore other options, preparation is key. In our latest blog, Shane Garduno, VP of PBM Practice at Xevant, outlines 5 essential steps PBM teams should take to gear up for successful contract renewals. From proactive planning to leveraging automated tools, he's got you covered. 🔗 Read more: https://lnkd.in/gSGY85rh

Celebrating another successful company meeting! Whether you attended in-person or remotely, coming together allowed us to collaborate on fresh strategies to drive innovation and strengthen our commitment to our valued clients. 🤝

Exciting news! Xevant and RxPreferred Benefits, a leading transparent pharmacy benefits administrator, are expanding our strategic partnership. Together, we’re delivering innovative, transparent solutions to tackle rising healthcare costs and improve medication access. Learn more about how we’re partnering to bring transformative, technology-driven solutions to the healthcare space: https://lnkd.in/gMxacfiA #Xevant #RxPreferred #PBM #healthcaresolutions

We're excited to attend SIIA's (Self-Insurance Institute of America, Inc.) national conference! 🎉 Our team is at booth 919, ready to chat about how Xevant's real-time data solutions and our medical weight loss program, Ivím at Work, can help employers keep self-insurance a sustainable, cost-effective alternative. Stop by to discover how we empower self-insured employers to manage rising pharmacy costs, offer affordable GLP-1 therapies, and support healthier outcomes for employees. Looking forward to seeing you! 👋

What if healthcare providers could access a complete view of a patient’s healthcare journey in real-time? With integrated medical and pharmacy claims, this isn’t just a possibility—it’s a reality. By consolidating data, we can improve medication management, enhance care coordination, and achieve significant cost savings. Explore the critical benefits of medical and pharmacy claims integration in our latest blog post. Read it here: https://lnkd.in/gp7XuCE8

🎉 Congratulations, Tyler Watterson! 🎉 Tyler was the recipient of our August X Award! The monthly X Award recognizes one employee who demonstrates our core values and goes above and beyond in their responsibilities. Tyler exemplified our core values during a recent successful product migration and enhancement. His outstanding communication, leadership, and perseverance through complex challenges ensured the project's success, inspired his team, and helped us deliver significant value to our clients. Thank you, Tyler, for your hard work and commitment to excellence! 🙌 #WeDeliver #WeCare