Full-Time
Posted on 1/20/2024
Pharmaceutical marketplace for prescription savings
No salary listed
Mid, Senior
Chicago, IL, USA
This is a hybrid position.
Waltz Health simplifies the process of obtaining prescription medications by creating a transparent and efficient marketplace. The company offers a solution called the "Complete Cash Card Solution with Marketplace Search," which allows consumers to compare prices for their prescriptions across various pharmacy cards. This helps users find the best prices and save money on their medications. Unlike traditional pharmaceutical systems that can be confusing and costly, Waltz Health focuses on providing clear pricing and empowering consumers to make informed choices. The company partners with pharmacies to enhance their pricing competitiveness and drive customer traffic, creating a beneficial relationship for both parties. The goal of Waltz Health is to improve the overall experience of obtaining prescription medications, making it easier and more affordable for consumers.
Company Size
11-50
Company Stage
Series A
Total Funding
$35.4M
Headquarters
Chicago, Illinois
Founded
2021
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Competitive compensation
Stock options
Flexible vacation
Medical, dental, vision
401k
Commuter benefits
What You Should Know:– Serve You Rx announced today the inclusion of two newly approved biosimilars to Stelara® (ustekinumab) – Otulfi™ (ustekinumab-aauz) and Yesintek™ (ustekinumab-face) – to its Biosimilar Advantage Formulary. This move is set to deliver substantial savings for self-funded employers and health-plan sponsors while maintaining therapeutic benefits for patients with conditions like Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.– Serve You Rx, a full-service pharmacy benefit manager (PBM), is expanding its cost-saving solutions by incorporating Otulfi™ and Yesintek™, biosimilars to the widely used specialty drug Stelara®.Significant Cost Reduction Opportunities“The numbers tell the story here,” stated Justin Jasniewski, CEO of Serve You Rx. “With savings of up to 96% compared to as much as $152,000 annually for Stelara, these biosimilars represent a significant opportunity for our clients to manage healthcare costs while maintaining quality care for their members.”This initiative is a collaborative effort with Mark Cuban Cost Plus Drugs and Waltz Health, aimed at improving access to high-cost specialty medications through transparent pricing and simplified distribution channels.Collaborative Approach to Enhance Access and Affordability“Making biosimilars like Otulfi available through Cost Plus Drugs is another step toward breaking down barriers to access,” said Dr. Alex Oshmyansky, CEO of Mark Cuban Cost Plus Drug Company. “By working with Serve You Rx, we’re helping more patients and health plans avoid the inflated costs that have defined the specialty drug market for too long.”Details of the distribution include:Otulfi™: To be dispensed exclusively through Mark Cuban Cost Plus Drugs via the Waltz Health specialty pharmacy network. Members are projected to save more than 96% annually compared to Stelara®.To be dispensed exclusively through Mark Cuban Cost Plus Drugs via the Waltz Health specialty pharmacy network
Waltz Health, a digital health company developing smarter, technology-enabled ways to price, distribute and prescribe medications, today announced a new partnership with WellDyne to launch a transparent specialty pharmacy solution powered by Waltz Connect.
Serve You Rx Integrates With Waltz Health’s AI Specialty Pharmacy Platform. by Fred Pennic 04/01/2025 Leave a Comment. What You Should Know: – Serve You Rx, a full-service pharmacy benefit manager (PBM), has announced a strategic partnership with Waltz Health to integrate Waltz Connect, an AI-powered specialty platform. – The collaboration aims to address the rapidly escalating costs of specialty medications, which have surged by over 40% in recent years, reaching $300 billion annually.Enhanced Specialty Medication ManagementBy integrating Waltz Connect, Serve You Rx is reinforcing its commitment to flexibility and innovation within the PBM sector. This partnership offers clients a departure from traditional specialty pharmacy limitations, delivering substantial cost savings and improved efficiency.Waltz Connect’s AI-Driven MarketplaceThe Waltz Connect platform provides Serve You Rx clients and members with several key benefits, including:Dynamic Marketplace: A competitive environment where specialty pharmacies compete based on service quality, clinical outcomes, and price.Intelligent Specialty Engine: Waltz Health’s proprietary, AI-driven engine analyzes factors like clinical requirements, pricing structures, and patient eligibility to identify the most cost-effective and clinically appropriate pharmacy for each individual.Improved Access and AffordabilityThis solution is designed to remove significant barriers to access and affordability for high-cost specialty medications. It ensures that patients receive their treatments promptly from the most suitable pharmacy, while simultaneously enhancing cost efficiency and care quality.Availability:This new offering will be available to Serve You Rx clients starting May 1, 2025.“Our mission at Serve You Rx has always been to deliver exceptional, tailored pharmacy benefit solutions,” said Justin Jasniewski, CEO of Serve You Rx. “This strategic enhancement allows us to leverage cutting-edge technology to reduce specialty drug costs further while maintaining our unwavering commitment to patient care.”
Waltz Health: The company raised $17.5 million of venture funding from undisclosed investors on November 27, 2024.
CerpassRx, an independent pharmacy benefit manager, is teaming up with Waltz Health to launch a new AI-powered tool that aims to better manage specialty drug spending.