It’s more than a store closing. When a pharmacy shuts its doors, it disrupts care for thousands of people—and it’s happening more than ever. In 2025 alone, over 2,300 pharmacies across the U.S. are expected to close. Rite Aid is shuttering more than 175 locations in New York State as part of a bankruptcy plan. […]
In today’s rapidly evolving digital landscape, Artificial Intelligence emerges as a beacon of opportunity, possessing the potential to streamline operations, enhance productivity, and unlock innovative solutions to complex challenges. With its ability to automate repetitive tasks, analyze vast datasets, and even offer predictive insights, AI can make work more efficient and optimize outcomes. In fact, […]
Over the past decade, prescription drug spending in the US has more than doubled, surpassing $500 billion in 20231 and projected to rise by 38% through 20282. This financial strain is not merely a statistic; it’s a harsh reality for many Americans. A 2020 study by the Kaiser Family Foundation revealed that 1 in 4 […]
Imagine this: You’re at a grocery store, picking up ingredients for your family dinner. As you stroll through the aisles, you gather the essentials for a delicious spaghetti dinner. But here’s the catch – you have no idea what the prices are until you reach the checkout counter. It’s like grocery shopping blindfolded, hoping your […]
Historically, switching pharmacies was a manual and time-consuming process. Even with the potential for savings, it’s a task that is avoided because of the hassle. Everything else that you purchase has been made easier with mobile apps. For example, you can easily find which gas station has the best price near you with a few […]
[Troy, NY] – Today marks a significant milestone as Levrx Technology revolutionizes how consumers can save by comparing their medication costs across different pharmacy locations. Most consumers select their pharmacy based on its proximity to home or work, unaware that prices can vary within their insurance benefit. Just like shopping for any other product, comparing […]
A trip to the pharmacy can be a stressful experience when you don’t know what to expect. Meet Sarah. She recently avoided the stress that comes with the unknowns at the pharmacy counter with her Levrx Member App. Like many, Sarah is on multiple medications to manage her chronic conditions. On her most recent pharmacy […]
I recently presented at the Children’s Hospital Association HR Benefits Forum. During the conference, I learned about challenges with employee communication and retention from HR and Benefit leaders. To retain employees, innovative benefits and programs are being implemented. However, as more programs are added, it becomes increasingly difficult to deliver personalized messaging to larger and […]
The 340B program was created to help qualified entities reduce the cost of outpatient pharmaceuticals for patients, allowing for the expansion of comprehensive health services to the communities they serve. To support the continuity of care for underserved patients, it is essential to increase and maintain 340B capture rate through domestic and contract pharmacies. Hospitals […]
Controlling pharmacy costs and mitigating risk has always been a priority for plan sponsors. In my time as a pharmacy benefit consultant, I worked with employers and hospitals to implement ideas and programs that aligned with their goals. While these programs are a strategic success, they cause member disruption and require time-consuming manual processes that […]
According to a study by Pew Research Center, most people feel they don’t have control over their personal data. At Levrx , we are committed to keeping your data safe and being transparent. Worry less by learning the answers to the most frequently asked questions: What data is Levrx collecting? For those using the Levrx […]
The Mark Cuban Cost Plus Drug Company (MCCPDC) is taking the discount pharmacy world by storm. By promising the “lowest possible prices” and offering transparency, the company is grabbing the attention of consumers. After all, who doesn’t want the best price? With this tempting promise, many health plan members are enticed to change their drug purchasing […]
Is that medication covered by my health insurance? How much will it cost me? Can I purchase it somewhere cheaper? These are normal questions a patient asks themselves when being prescribed a new medication. What most patients don’t realize is that determining these answers is an impossible process to navigate. As prescription costs continue to […]
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