Pharmacy benefit manager Express Scripts is planning to deploy the first “digital health formulary” in 2020, according to an MMIT report.
West Monroe Partners’ Nathan Ray says the new digital initiative will incorporate old techniques for managing “new digital health solutions.”
“A formulary allows the administrator to steer demand and control reimbursement for the use of preferred solutions,” Ray said. “Management via formulary has its upsides: It can reduce prices paid by payers and consumers.”
To read more on MMIT, click here.