Tag: Ravi Ika

Centene invests in cloud-based pharmacy benefit manager to to create next generation pharmacy management solution

Centene Corporation announced Tuesday it has invested in RxAdvance, a cloud-based pharmacy benefit manager based in Massachusetts. Clayton-based Centene said it will “use its best-in-class technology platform to improve health outcomes and reduce avoidable drug-impacted medical and administrative costs.” In addition to the investment, the deal includes a customer relationship. Centene has the right to expand its equity investment in the future. Financial terms in the deal were not disclosed. “Centene has established a transformative partnership […]