Product in Healthtech

Radical Clarity in Drug Pricing: How Rescription Uses the 340B Program and Patented Tech to Lower Costs


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In this episode of Product in Healthtech, we reconnect with Scott Martin, founder and CEO of Rescription, to discover how his company has evolved since our previous conversation.

Topics covered:

  • Rescription's "radical clarity" approach to transforming prescription drug costs
  • How Rescription leverages the 340B federal program as intended to benefit both health systems and patients
  • Results from partnerships with Bergen New Bridge and Baton Rouge General, showing 27-35% savings
  • Why patients under Rescription's model receive zero-dollar copays for prescriptions
  • The patent-pending adjudication technology developed with Vynyl that enables upfront processing at scale
  • Rescription's ambitious expansion plans across 14 states and 15 additional health systems

Key moments:

  • [01:16] Scott explains how Rescription's model differs from traditional PBMs
  • [03:09] Clarifying misconceptions about the 340B program
  • [05:14] Updates on partnerships with Bergen New Bridge and Baton Rouge General
  • [07:25] How Rescription addresses pharmaceutical manufacturer pushback
  • [09:24] Details on Rescription's patent-pending adjudication technology
  • [11:15] Future expansion plans and new service offerings

Resources mentioned:

  • Wall Street Journal article featuring Rescription: https://www.wsj.com/health/healthcare/prescription-drug-prices-340b-pharmacy-benefit-plans-6834cc08

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Product in Healthtech is community for healthtech product leaders, by product leaders. For more information, and to sign up for our free webinars, visit www.productinhealthtech.com.

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Product in HealthtechBy Chris Hoyd, Vynyl

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