Alternative pharmacy benefit manager and administrator Capital Rx is acquiring Amino Health, a care navigation company. The acquisition, the company said, will allow CapitalRx to offer a better member-facing experience to complement its unified claims platform on the back end. Capital Rx serves 4 million members through its PBM business, which Capital Rx CEO AJ Loiacono says is more ethical than competitors because the company doesn’t make money from drug spend as an administrator. The company has licensed its Judi Health (short for adjudication) business for the last three years to large health plans and third-party administrators to help with prescription claims processing—and now, with the Amino acquisition, care navigation.
Read the full article: ‘The Benefit Platform Wars Have Begun’: Capital Rx Absorbs Amino Health //
Source: https://www.fiercehealthcare.com/payers/benefit-platform-wars-have-begun-capital-rx-absorbs-amino-health