Author: RazorMetrics

Protect Medicaid While Reducing Waste with Cutting-edge Cost Containment

Medicaid is turning 60 this year and there are significant questions about its sustainability. Medical costs went up, enrollment went up, but funding stayed stagnate. More than 79 million Americans depend on Medicaid and CHIP for essential coverage, functioning as a health safety net for seniors, families, individuals with disabilities, and children who fall below […]

Pharmacist Josh Canavan on Biosimilars

Understanding Biosimilars Through Education and PBM Formulary Perspective Josh Canavan, PharmD, head of pharmacy at RazorMetrics, recommends key educational resources for biosimilars, and emphasizes the extensive research conducted before pharmacy benefit managers (PBMs) add medications, including biosimilars, to their formularies. In an interview with Josh Canavan, PharmD, head of pharmacy at RazorMetrics, he discussed the […]

RazorMetrics Launches Polypharmacy Solution to Reduce Cost and Medication Burden that Affects 24% of US Working Population

AUSTIN, Texas, Jan. 13, 2025 /PRNewswire/ — RazorMetrics, a leading innovator in pharmacy technology solutions, today announced the launch of its Polypharmacy Solution, designed to tackle the growing challenges of medication overload and rising prescription drug costs. Built on proprietary technology and patent-pending algorithms, this solution provides a physician-focused approach to managing polypharmacy, defined as the use of five or more prescription medications per month.

Pharmacist Renaissance 

pharmacy worker pulling medications from a shelf

Pharmacists have been a godsend to many people looking for healthcare during COVID as they stepped up during the pandemic to offer COVID testing and vaccinations, a departure from traditional healthcare delivery. It’s paid off. As of Jan. 12, retail pharmacies participating in the Federal Retail Pharmacy Program have administered more than 215.9 million doses.

RazorMetrics Launches Partnership Collective

The Partnership Collective is comprised of tightly integrated health technology companies with a common goal: drug cost containment and reduction.

Partners in the Collective are benefit management platforms and other types of application providers that count large employers and health plans as clients. RazorMetrics has launched the new initiative to integrate its solution into partners’ technology to seamlessly add drug-cost savings to their existing offerings. Access to the collective will help benefit providers attract new clients and retain current ones by offering a more competitive benefit.

Sopris Capital Leads $6,000,000 Series A Investment in RazorMetrics

Sopris Capital, a leading healthcare investment firm, is entering the drug cost transparency space with a new partnership with RazorMetrics, a rapidly growing healthcare technology company focused on lowering pharmacy costs for at-risk employers and health plans. The Series A investment of $6,000,000 was led by Sopris and other individual investors including long-term entrepreneurs Joel Trammell and Jonathan Weiner.

The Pharmacist Perspective, a conversation with Johanna Liu, Pharm. D.

Tom: What important role do pharmacists play in Medi-Cal (California Medicaid) Managed Care?   Johanna: In the managed care arena, there are experts in economics, actuarial statistics, medical treatments, and more, but pharmacists are the team members that can weave together the knowledge from each specialized expert and use it to recommend the best and […]

HR The Unsung Heroes of COVID: A Conversation with Debbie Smith, Executive Vice President, Human Resources with E2Open

Continuing our blog series, “The Unsung Heroes of COVID, Interviews with HR Professionals” Tom Dorsett, CEO of RazorMetrics, spoke with Debbie Smith, Executive Vice President, Human Resources with E2Open. Debbie Smith has more than 25 years of domestic and international human resources experience. She joined E2open in 2015 and currently serves as Executive Vice President, […]