Latest news with #LucyRx
Business Wire
11-06-2025
- Health
- Business Wire
LucyRx and Personify Health Join Forces to Tackle Rising Employer GLP-1 Costs with Proven, Member-Centered Solutions
BETHESDA, Md. & PROVIDENCE, R.I.--(BUSINESS WIRE)-- LucyRx, an independent, next-generation pharmacy benefits manager (PBM), and Personify Health ®, the company making healthier easier, today announced a strategic partnership to offer employers a more personalized, clinically grounded approach to GLP-1 medication management and weight care. Together, the two companies are helping employers navigate the rising demand and cost of GLP-1 medications with a model that prioritizes member success and long-term cost management for employers. Share Through the partnership, LucyRx and Personify Health will deliver an integrated solution that combines pharmacy benefit strategy with personalized support from GLP-1-trained coaches, individualized care plans for medication management, and education from Personify's Transform Weight Management solution. This holistic program provides members with tailored, coach-led guidance, encouragement and resources to effectively manage their weight and medication. Together, the two companies are helping employers navigate the rising demand and cost of GLP-1 medications with a model that prioritizes member success and long-term cost management for employers. The partnership is especially impactful for health systems and mission-driven employers, where clinical quality and financial accountability go hand in hand. The new LucyRx/Personify Health joint effort builds on the success employers are already experiencing using LucyRx for GLP-1 management. For example, an 11,000 life employer group has recorded: An average weight loss per member of 22 pounds in 12 weeks. 40% improvement in medication adherence. $3.2 million in total health care savings. 90% member-reported satisfaction and improved well-being. 'Employers have an incredible opportunity to reduce long-term health care costs through successful weight management programs like ours,' said David Blair, CEO of LucyRx. 'Partnering with Personify Health allows us to deliver precisely what employers and their members need to be successful and ultimately healthier, which is our primary goal. This collaboration reflects our belief that smarter pharmacy benefits should always prioritize the people we serve.' Key elements of the joint GLP-1 strategy include: Targeted prior authorization standards designed to ensure therapy reaches those who will benefit most. Real-time clinical reviews and benefit optimization powered by LucyIQ™, LucyRx's proprietary AI platform. Personalized support from certified health coaches from Personify Health. Menopause-specific care pathways and behavioral health support from LucyRx. Structured step-down protocols to optimize long-term outcomes. 'Roughly 9% of the U.S. population is predicted to become GLP-1 users by 2030 – that's 30 million people. The growing need for chronic condition support and increasing expectations for employer-sponsored GLP-1 benefits offerings have driven employers to rethink their approach,' said Jeffrey Jacques, MD, chief medical officer at Personify Health. 'Together with LucyRx, we are providing members with meaningful wrap-around support that gives them the tools and education they need for long-lasting, healthy lifestyles – whether using a weight management medication or not.' About LucyRx LucyRx is an independent, next-generation pharmacy benefit manager (PBM) redefining prescription care. Fueled by innovation and decades of leadership experience, LucyRx delivers better outcomes through its integrated specialty network, formulary marketplace, and next-day home delivery solutions. Powered by its proprietary AI platform, LucyIQ™, the company provides real-time insights that support evidence-based clinical decisions, clear pricing, and exceptional service from U.S.-based pharmacy technicians. Partnering with more than 60,000 pharmacies, LucyRx serves over 1,200 clients nationwide. This is prescription care, brilliantly reimagined. Learn more at About Personify Health Personify Health empowers diverse and unique businesses – and diverse and unique people – to engage more deeply in health at a lower cost. By bringing modern third party administration, holistic wellbeing, and navigation solutions together, all in one place, we have created the industry's first and only personalized health platform. With global operations and decades of experience (formerly Virgin Pulse and HealthComp), the company engages and empowers people to live healthier lives. Through our proprietary combination of data-driven personalization, science-backed methodology, and concierge-level clinical expertise, our end-to-end platform makes it easier to proactively address people's chronic care to everyday needs. With a personalized, engaging, and powerfully simple experience, we are redefining industry expectations and what it means to manage health. Learn more at
Yahoo
11-06-2025
- Business
- Yahoo
LucyRx and Personify Health Join Forces to Tackle Rising Employer GLP-1 Costs with Proven, Member-Centered Solutions
The combined offering provides employers with a proven approach to GLP-1s, including managing costs, supporting member wellbeing, and reducing long-term health risks BETHESDA, Md. & PROVIDENCE, R.I., June 11, 2025--(BUSINESS WIRE)--LucyRx, an independent, next-generation pharmacy benefits manager (PBM), and Personify Health®, the company making healthier easier, today announced a strategic partnership to offer employers a more personalized, clinically grounded approach to GLP-1 medication management and weight care. Through the partnership, LucyRx and Personify Health will deliver an integrated solution that combines pharmacy benefit strategy with personalized support from GLP-1-trained coaches, individualized care plans for medication management, and education from Personify's Transform Weight Management solution. This holistic program provides members with tailored, coach-led guidance, encouragement and resources to effectively manage their weight and medication. Together, the two companies are helping employers navigate the rising demand and cost of GLP-1 medications with a model that prioritizes member success and long-term cost management for employers. The partnership is especially impactful for health systems and mission-driven employers, where clinical quality and financial accountability go hand in hand. The new LucyRx/Personify Health joint effort builds on the success employers are already experiencing using LucyRx for GLP-1 management. For example, an 11,000 life employer group has recorded: An average weight loss per member of 22 pounds in 12 weeks. 40% improvement in medication adherence. $3.2 million in total health care savings. 90% member-reported satisfaction and improved well-being. "Employers have an incredible opportunity to reduce long-term health care costs through successful weight management programs like ours," said David Blair, CEO of LucyRx. "Partnering with Personify Health allows us to deliver precisely what employers and their members need to be successful and ultimately healthier, which is our primary goal. This collaboration reflects our belief that smarter pharmacy benefits should always prioritize the people we serve." Key elements of the joint GLP-1 strategy include: Targeted prior authorization standards designed to ensure therapy reaches those who will benefit most. Real-time clinical reviews and benefit optimization powered by LucyIQ™, LucyRx's proprietary AI platform. Personalized support from certified health coaches from Personify Health. Menopause-specific care pathways and behavioral health support from LucyRx. Structured step-down protocols to optimize long-term outcomes. "Roughly 9% of the U.S. population is predicted to become GLP-1 users by 2030 – that's 30 million people. The growing need for chronic condition support and increasing expectations for employer-sponsored GLP-1 benefits offerings have driven employers to rethink their approach," said Jeffrey Jacques, MD, chief medical officer at Personify Health. "Together with LucyRx, we are providing members with meaningful wrap-around support that gives them the tools and education they need for long-lasting, healthy lifestyles – whether using a weight management medication or not." About LucyRx LucyRx is an independent, next-generation pharmacy benefit manager (PBM) redefining prescription care. Fueled by innovation and decades of leadership experience, LucyRx delivers better outcomes through its integrated specialty network, formulary marketplace, and next-day home delivery solutions. Powered by its proprietary AI platform, LucyIQ™, the company provides real-time insights that support evidence-based clinical decisions, clear pricing, and exceptional service from U.S.-based pharmacy technicians. Partnering with more than 60,000 pharmacies, LucyRx serves over 1,200 clients nationwide. This is prescription care, brilliantly reimagined. Learn more at About Personify Health Personify Health empowers diverse and unique businesses – and diverse and unique people – to engage more deeply in health at a lower cost. By bringing modern third party administration, holistic wellbeing, and navigation solutions together, all in one place, we have created the industry's first and only personalized health platform. With global operations and decades of experience (formerly Virgin Pulse and HealthComp), the company engages and empowers people to live healthier lives. Through our proprietary combination of data-driven personalization, science-backed methodology, and concierge-level clinical expertise, our end-to-end platform makes it easier to proactively address people's chronic care to everyday needs. With a personalized, engaging, and powerfully simple experience, we are redefining industry expectations and what it means to manage health. Learn more at View source version on Contacts LucyRx Media Contact Tricia Bancroft516-241-6157press@ Personify Health Media Contact Julie
Business Wire
20-05-2025
- Business
- Business Wire
LucyRx Expands Executive Team
BETHESDA, Md.--(BUSINESS WIRE)-- LucyRx, a next-generation pharmacy benefits manager (PBM) committed to simplifying and improving access to prescription care, recently added four healthcare industry veterans to expand core operations, including legal, sales and government programs as the company continues its rapid growth nationwide. With patient-focused and fairly priced pharmacy benefits in high demand, LucyRx has grown quickly, now covering more than one million members with 1,200 health plan clients across the U.S. Share With patient-focused and fairly priced pharmacy benefits in high demand, LucyRx has grown quickly, now covering more than one million members with 1,200 health plan clients across the U.S. These healthcare veterans add valuable depth to support the company's growth—as more organizations choose its member-centered, technology-driven approach to prescription benefits. Paul Brown, Chief Legal Officer and General Counsel, will oversee the company's legal strategy, compliance and risk management. Paul brings extensive experience in regulatory compliance, commercial transactions and M&A execution and integration from prior roles at Kaufman Hall (a Vizient company) and UL Solutions. Michael McCarrell, Chief Operating Officer, will lead all core operational areas including customer service, claims administration and clinical operations. Michael brings over 25 years of healthcare leadership experience, most recently as President and COO of CPS Solutions, where he led the nation's largest hospital pharmacy services provider. Crescent Moore, Senior Vice President of Government Programs, will lead LucyRx's expansion into Medicare and other government-sponsored markets. Crescent brings nearly two decades of leadership in Medicare Part D and clinical strategy, most recently as Director Part D/Pharmacy at BluePeak Advisors. Cody Field, Senior Vice President of Employer Sales, joins LucyRx with a strong background in clinical care, account management, and business development. Most recently at Marsh McLennan, Cody brings a patient-first mindset and deep healthcare experience that will further strengthen LucyRx's partnerships with employers nationwide. 'Each of these leaders brings significant experience to ensure LucyRx is the most innovative, highest performing, patient-centered prescription benefit provider in the industry,' said David Blair, CEO of LucyRx. 'With Mike, Paul, Crescent and Cody on board, we're well positioned to bring our vision to life: prescription care, brilliantly reimagined.' About LucyRx LucyRx is an independent, next-generation pharmacy benefit manager (PBM) redefining prescription care. Fueled by innovation and decades of leadership experience, LucyRx delivers better outcomes through its integrated specialty network, formulary marketplace, and next-day home delivery solutions. Powered by its proprietary AI platform, LucyIQ™, the company provides real-time insights that support evidence-based clinical decisions, clear pricing, and exceptional service from U.S.-based pharmacy technicians. Partnering with more than 60,000 pharmacies, LucyRx serves over 1,200 clients nationwide. This is prescription care, brilliantly reimagined. Learn more at
Yahoo
20-05-2025
- Business
- Yahoo
LucyRx Expands Executive Team
Strategic appointments support rapid growth with proven leadership in core operating areas BETHESDA, Md., May 20, 2025--(BUSINESS WIRE)--LucyRx, a next-generation pharmacy benefits manager (PBM) committed to simplifying and improving access to prescription care, recently added four healthcare industry veterans to expand core operations, including legal, sales and government programs as the company continues its rapid growth nationwide. With patient-focused and fairly priced pharmacy benefits in high demand, LucyRx has grown quickly, now covering more than one million members with 1,200 health plan clients across the U.S. These healthcare veterans add valuable depth to support the company's growth—as more organizations choose its member-centered, technology-driven approach to prescription benefits. Paul Brown, Chief Legal Officer and General Counsel, will oversee the company's legal strategy, compliance and risk management. Paul brings extensive experience in regulatory compliance, commercial transactions and M&A execution and integration from prior roles at Kaufman Hall (a Vizient company) and UL Solutions. Michael McCarrell, Chief Operating Officer, will lead all core operational areas including customer service, claims administration and clinical operations. Michael brings over 25 years of healthcare leadership experience, most recently as President and COO of CPS Solutions, where he led the nation's largest hospital pharmacy services provider. Crescent Moore, Senior Vice President of Government Programs, will lead LucyRx's expansion into Medicare and other government-sponsored markets. Crescent brings nearly two decades of leadership in Medicare Part D and clinical strategy, most recently as Director Part D/Pharmacy at BluePeak Advisors. Cody Field, Senior Vice President of Employer Sales, joins LucyRx with a strong background in clinical care, account management, and business development. Most recently at Marsh McLennan, Cody brings a patient-first mindset and deep healthcare experience that will further strengthen LucyRx's partnerships with employers nationwide. "Each of these leaders brings significant experience to ensure LucyRx is the most innovative, highest performing, patient-centered prescription benefit provider in the industry," said David Blair, CEO of LucyRx. "With Mike, Paul, Crescent and Cody on board, we're well positioned to bring our vision to life: prescription care, brilliantly reimagined." About LucyRx LucyRx is an independent, next-generation pharmacy benefit manager (PBM) redefining prescription care. Fueled by innovation and decades of leadership experience, LucyRx delivers better outcomes through its integrated specialty network, formulary marketplace, and next-day home delivery solutions. Powered by its proprietary AI platform, LucyIQ™, the company provides real-time insights that support evidence-based clinical decisions, clear pricing, and exceptional service from U.S.-based pharmacy technicians. Partnering with more than 60,000 pharmacies, LucyRx serves over 1,200 clients nationwide. This is prescription care, brilliantly more at View source version on Contacts Media Contact Tricia Bancroft516-241-6157press@ Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
LucyRx Announces New Investment from LRVHealth to Drive Innovation and Expand Access to Smarter Pharmacy Benefits
This investment reflects a growing demand for pharmacy innovation among health systems BETHESDA, Md., April 15, 2025--(BUSINESS WIRE)--LucyRx, a next-generation pharmacy benefits manager (PBM), today announced a strategic growth investment from LRVHealth, a healthcare investment platform backed by a national network of leading health systems. With this funding, LRVHealth joins LucyRx's existing investor base, bringing the company's total committed capital to more than $500 million. The investment recognizes LucyRx's role in transforming the PBM industry and will further scale the company's technology-enabled platform, expand client partnerships, and ultimately enhance prescription drug access and affordability. "This partnership marks a pivotal moment for LucyRx as we continue our mission to rethink what's possible in pharmacy benefits," said David Blair, CEO of LucyRx. "LRVHealth's deep industry expertise and strategic network will help accelerate our growth, broaden our impact, and bring our high-touch, client-first PBM approach to more employers, payers, and members." Accelerating Innovation & Expanding Reach With employers and payers demanding greater clarity, flexibility, and control over pharmacy benefits, LucyRx is setting a new standard in the prescription benefit industry—one that combines advanced technology with a commitment to high-touch service. The investment will accelerate: Expansion of LucyRx's technology-driven PBM model, delivering cost efficiency, personalized support, and plan flexibility. Customizable solutions that simplify formulary management, reduce administrative complexity, and improve medication adherence—while driving down overall costs. Advanced analytics and AI-powered tools through LucyIQ™, enabling smarter decision-making for plan sponsors and members. "As pharmacy benefits continue to evolve, we see strong alignment between LucyRx's solutions and the needs of our health system partners," said Tripp Peake, Managing Partner at LRVHealth. "There is tremendous potential in their model, and we are excited to support David and the LucyRx team." A Shared Vision for Impact The investment aligns with LRVHealth's mission-driven approach to creating meaningful health and social impact through three core pillars: Creating Healthier Communities Expanding Access to Care Building Sustainable Healthcare Systems LucyRx is committed to creating healthier communities and expanding access to care through an accountable, patient-first approach to pharmacy benefits. About LucyRx LucyRx is an independent, next-generation pharmacy benefit manager (PBM) redefining prescription care. Fueled by innovation and decades of leadership experience, LucyRx delivers better outcomes through its integrated specialty network, formulary marketplace, and next-day home delivery solutions. Powered by its proprietary AI platform, LucyIQ™, the company provides real-time insights that support evidence-based clinical decisions, clear pricing, and exceptional service from U.S.-based pharmacy technicians. Partnering with more than 60,000 pharmacies, LucyRx serves over 1,200 clients nationwide. This is prescription care, brilliantly more at View source version on Contacts Media Contact Tricia Bancroft516-241-6157press@
