Abarca Health

Abarca Health

Manages drug spend via PBM platform

Overview

Abarca Health provides Pharmacy Benefit Management (PBM) services to health plans, employers, and government programs. Its Darwin platform is an integrated, intuitive system that lets clients implement and modify complex benefit designs quickly without coding, while ensuring regulatory compliance. The company manages over $5.3 billion in drug spend and processes about 100 million prescription claims each year, earning fees for its PBM services and offering programs like Triple S en Casa for home-delivery in Puerto Rico. It differentiates itself with a platform-first approach that enables rapid deployment, easy design changes, and strong client outcomes, such as high Medicare Part D ratings.

About Abarca Health

Simplify's Rating
Why Abarca Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

San Juan, Puerto Rico

Founded

2005

People at Abarca Health

People at Abarca Health who can refer or advise you

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Simplify's Take

What believers are saying

  • Combined scale strengthens commercial and government sales across all 50 states.
  • Blue Shield and Amazon partnerships validate alternative PBM operating models.
  • Better Care programs target GLP-1s, specialty drugs, and prior authorization friction.

What critics are saying

  • FTC scrutiny and state PBM reforms can compress margins and raise compliance costs.
  • Integration failures after the LucyRx merger can disrupt claims and delay synergies.
  • CVS Caremark, Express Scripts, and OptumRx still dominate pricing and client retention.

What makes Abarca Health unique

  • Darwin platform enables rapid PBM configuration without extensive coding.
  • Abarca serves health plans, employers, Medicare, and Medicaid clients.
  • The LucyRx merger creates a modern, independent PBM with 9M+ members.

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Benefits

PTO

Parental leave

Work flexibility

Health insurance

Wellness stipend

401k

Tuition reimbursement

Leadership development programs

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
UNI NETWORK GROUP
Feb 25th, 2026
Abarca Health Forward 2026 Marks Five Years with Bold Push to Redesign Prior Authorization

Abarca Health Forward 2026 marks five years with bold push to redesign prior authorization. Milestone event convenes national healthcare leaders to reimagine utilization management through collaboration and innovation Abarca Health hosted the fifth edition of Abarca Forward 2026 in San Juan, convening senior healthcare leaders from across the United States to redefine the future of prior authorization (PA) and utilization management (UM). The milestone gathering underscored a growing industry consensus: PA must evolve from an administrative bottleneck into an intelligent, patient-centered decision-support system. From panels to co-creation. Departing from traditional conference formats, Abarca Forward adopted an "anti-conference" structure centered on curated co-creation sessions. Executives from health plans, provider organizations, pharmacies, manufacturers, technology firms, employers, and policy groups collaborated to align on practical strategies for improving speed, transparency, and consistency in PA processes. Jason Borschow, CEO of Abarca Health, emphasized that automation alone is insufficient. Instead, he called for systemic redesign that aligns clinical judgment, data, and incentives to deliver faster and more transparent coverage decisions. Federal perspective on utilization management. A key highlight was a discussion between Borschow and Chris Klomp, Chief Counselor at the U.S. Department of Health and Human Services. The session explored the federal government's evolving stance on electronic PA standards and utilization management reform, signaling closer alignment between policy innovation and technological advancement. Industry-Wide participation. The event featured speakers from leading organizations, including Amazon Pharmacy, Blue Cross NC, CoverMyMeds, Microsoft, and Stellarus. Discussions addressed real-time benefit integration, AI-driven workflow modernization, specialty drug management, and cross-stakeholder collaboration. The program concluded with a structured workshop designed to produce a shared industry playbook aimed at advancing next-generation PA frameworks and improving the patient journey.

Free Market Health
Dec 16th, 2025
Abarca Unveils Better Balance and Better Access: Two Bold Moves to Redefine Pharmacy Benefit Management for a New Era of Care

Abarca unveils Better Balance and Better Access: two bold moves to redefine pharmacy benefit management for a new era of care. With new partnerships across digital health and pharmacy delivery, Abarca's Better Care solutions gain powerful momentum in its mission to make healthcare more intelligent, more personal - and more human. SAN JUAN, Puerto Rico, Dec. 16, 2025 /PRNewswire/ - Abarca, the pharmacy benefit manager known for doing things differently, today announced the launch of Better Balance and Better Access - two innovative programs that expand the reach of its Better Care solutions and mark a strategic evolution in how PBMs deliver savings and support total care. Together, these programs address two of healthcare's most pressing challenges: rising specialty drug costs and increasing rates of chronic disease. Through partnerships with Welldoc, Free Market Health, and Amazon Pharmacy, Abarca is extending its platform's reach while advancing its core promise: delivering real savings not through blunt cost-cutting but through more competent care. Better Balance: Delivering Smarter Chronic Condition Management Built in partnership with AI health tech leader Welldoc, Better Balance is Abarca's new clinical program designed to restore cardiometabolic homeostasis across diabetes, obesity, hypertension, and GLP-1 therapy management. By integrating Welldoc's AI-powered digital health platform with Abarca's real-time clinical decision-making tools, Freemarkethealth deliver proactive, highly personalized support that strengthens medication adherence, optimizes therapy choices, and drives healthier daily behaviors. This coordinated model enhances performance across key STAR and HEDIS quality measures by ensuring members receive the right interventions at the right time. By helping members better manage their conditions and avoid preventable complications, Better Balance creates meaningful reductions in total cost of care. Through targeted outreach, continuous monitoring of labs and biometric KPIs, and timely clinical intervention, the program supports improved outcomes while reducing emergency visits, hospitalizations, and downstream healthcare costs. The result is a more sustainable, value-driven approach to cardiometabolic care for both members and clients. Better Access: Reimagining Pharmacy Fulfillment & Member Experience Better Access is its innovative suite of solutions built in collaboration with strategic partners who redefine what a modern, member-first pharmacy experience should be. At the heart of this approach is its partnership with Free Market Health, the leading technology platform streamlining the specialty pharmacy ecosystem. Free Market Health's platform coordinates the path to treatment from prescription to dispense to deliver an efficient, affordable, and member-centered specialty pharmacy experience. In conjunction with other partners known for reliable, consumer-centric pharmacy services - such as Amazon Pharmacy, recognized for its trusted home delivery and member-friendly experience - Better Access brings together technology-forward models that expand affordable care pathways without compromising member experience. These offerings are designed to increase access to lower-cost channels - including home delivery - while enabling unprecedented transparency in drug pricing and creating a more efficient specialty therapy fulfillment process. By optimizing where and how prescriptions are filled, Better Access gives members greater choice, control, and convenience in managing their medications. At the same time, it helps payers curb specialty drug spend through smarter, data-driven channel strategies that do not disrupt continuity of care. The result is a streamlined, future-ready pharmacy ecosystem designed to deliver better outcomes at a lower cost. Advancing Abarca's Promise to Deliver Savings The Better Care solutions were created to transform how pharmacy benefits are delivered - lowering total cost of care, improving clinical outcomes, and elevating the member experience. With the launch of Better Balance and Better Access, these new offerings expand and strengthen Abarca's existing Better Care solutions, positioning the organization at the forefront of pharmacy benefit innovation. Together, Better Balance and Better Access build on the strength of Abarca's established Better Care solutions - including Better Target, which reimagines medication therapy management by leveraging next-generation predictive analytics and AI technologies to deliver real-time, high-impact interventions that close gaps in care and generate sustained, measurable savings; and Better PAth, which modernizes prior authorization with AI-augmented capabilities that streamline high-cost and high-volume workflows, reduce administrative burden, and accelerate time to therapy. Collectively, the full Better Care suite of solutions reinforces Abarca's longstanding commitment to innovation and value creation - advancing the success of its industry-recognized modern pharmacy benefit platform, Darwin. "Pharmacy benefit management is no longer just about processing claims, securing network discounts, or collecting rebates. The new frontier is about delivering better total cost of care and better outcomes - transforming the value PBMs must deliver as the current model evolves, while creating an exceptional experience for providers and members," said Javier Gonzalez, Pharm.D., President, PBM & Commercial Strategy at Abarca. "With Better Balance and Better Access, we're not simply launching new programs - we're reshaping the clinical and delivery infrastructure to meet members where they are and guide them to where they need to be." As Abarca evolves into a health-intelligence organization, the Better Care solutions will continue to deliver modular, scalable, and human-centered solutions that power better healthcare outcomes, experiences, and stronger client partnerships. About Abarca Health At Abarca, Freemarkethealth see a future in which healthcare is seamless and personalized, and Freemarkethealth is working every day to make it a reality for the people and organizations Freemarkethealth serve. Freemarkethealth is starting with prescriptions, the frontline of healthcare. But, leveraging its smarter technology, straightforward approach to business, and a team that is driven to innovate and find a better way in everything Freemarkethealth do, Freemarkethealth is enabling a broader healthcare revolution. Abarcahealth.com. PRNewswire.

PR Newswire
Mar 27th, 2024
Abarca Forward Conference Forges Strategies For Adopting Ai And Transformative Models In Healthcare

Healthcare and technology leaders discussed and debated necessary changes for industry evolution, including the role of pharmacies, GLP-1s, and price transparency.SAN JUAN, Puerto Rico, March 27, 2024 /PRNewswire/ -- Abarca, a pharmacy benefit manager (PBM) transforming the industry with a new approach to technology and business practices, brought healthcare and technology leaders together at the third annual Abarca Forward Conference to discuss, co-create, and debate how to create a better care experience for everyone. Jason Borschow welcomes healthcare and technology leaders to the third annual Abarca Forward. "The healthcare landscape is undergoing a transformation," said Jason Borschow, president and CEO at Abarca. "The industry needs to find ways to accelerate this progress and make healthcare more seamless, personalized, and convenient for everyone. And that's what we're solving for at Abarca Forward."This year, Abarca Forward offered an in-depth exploration of AI in pharmacy benefit management. This included a co-creation session led by Microsoft and Xtillion that enabled attendees to experience the capabilities of AI in real time

PR Newswire
Nov 28th, 2023
Abarca Named To Computerworld 2024 List Of Best Places To Work In It

Pharmacy benefit manager and healthcare technologycompany recognized for its people-first workplace.SAN JUAN, Puerto Rico, Nov. 28, 2023 /PRNewswire/ -- Abarca, a pharmacy benefit manager (PBM) transforming the industry with a new approach to technology and business practices, announced that Foundry's Computerworld has named it one of the 2024 Best Places to Work in IT."Abarca has built, grown, and evolved our organization upon our advanced technology and powerfully positive corporate culture," said Serge Perras, Chief Information Officer at Abarca. "Everything we do is rooted in our core values that encourage us to think boldly and treat each other like family."Abarca was founded in 2005 with the belief that there is a better way for people and companies to work together, connect with each other, and make healthcare seamless and personalized for everyone.Since then, the company has built the industry's most advanced PBM platform, Darwin. This technology has empowered Abarca to introduce award-winning clinical programs, forge innovative partnerships, serve large clients with complex needs, and grow its team to more than 600 employees."Technology is playing an increasingly important role in modern business. IT professionals continue to benefit from this trend, as this year's winning organizations increase staffing and offer a variety of pathways to upskill, reskill, and diversify their teams," said Rob O'Regan, global director at Foundry. "These companies provide a model for IT and HR leaders who are looking for new ways to attract, engage, and retain talent in an increasingly competitive IT environment."For nearly 30 years, the Computerworld Best Places to Work in IT award has ranked the top environments for technology professionals based on a comprehensive questionnaire regarding company offerings, including benefits, career development, and DEI, among other human resources best practices

Drug Store News
Aug 18th, 2023
Blue Shield of California drops CVS Caremark, collaborates with Amazon Pharmacy, Mark Cuban Cost Plus Drug Company

Additionally, Blue Shield of California announced its collaboration with Abarca, who "will pay prescription drug claims quickly and accurately while continuing to evolve its technology platform, Darwin, to support new, simplified payment models.

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