Ceo
CurrentScripta’s vision is to disrupt, transform, and improve the $500billion a year marketplace using advanced data analytics and AI. 120 million Americans, and growing, get their benefits from self-insured employers. Yet, the pharmacy benefits marketplace is the least transparent market in the US. In fact there was more than $150billion in rebates and dark money between gross and net for pharma companies last year alone. Today, employers pay Pharmacy Benefit Managers (PBMs) to structure and manage pharmacy benefits for their employees. Employers then get billed each month for the cost of the prescriptions their employees fill. Then, unlike any other bill a company pays, these huge bills blindly paid by companies who have no ability to review and analyze the massive volume of complex transactions. The best they can do to understand what happened is to have old-school, analog consultants to backward looking analysis at year end to see how much they got taken. Our first product, Script.AI, is uniquely able to analyze this massive volume of complex transactions every month, then recommend immediate savings actions to capture up to 50% savings opportunity. Employers get to take control of their spend, and improve outcomes for employees who are struggling to pay for ever-increasing out-of-pocket prescription costs. Our software is battle tested and has already saved more than $20million for our clients. Scripta…take control of your pharmacy benefit spend...every transaction, every employee, every day.
