OptumRx and Walgreens Partner to Improve Consumer Convenience, Cost Savings and Outcomes | Business Wire

EDEN PRAIRIE, Minn. &. DEERFIELD, Ill.–([NYSE:UNH])–OptumRx and Walgreens are partnering to create a new pharmacy solution

to meet consumers’ changing prescription drug needs and help employers,

health plans and their members achieve better health outcomes and

greater cost savings. OptumRx is UnitedHealth Group’s [NYSE:UNH]

free-standing pharmacy care services business, managing more than one

billion prescriptions annually. Walgreens is one of the nation’s largest

drugstore chains and part of the Retail Pharmacy USA Division of

Walgreens Boot Alliance, Inc. [Nasdaq:WBA].

Through a more convenient, accessible and connected pharmacy experience,

the companies will collaborate to deliver clients and members enrolled

in the program an integrated pharmacy care offering that:

  • Provides eligible OptumRx members the option to fill 90-day

    prescriptions at home delivery copay levels at any of Walgreens nearly

    8,200 pharmacies nationwide or through OptumRx home delivery.

  • Produces higher treatment adherence rates and better patient outcomes

    by giving patients the choice of how to receive their medications

    along with 24/7 pharmacist availability.

  • Connects members to clinical guidance that addresses specific disease

    classes, such as diabetes. Increases drug adherence.

  • Enables OptumRx and Walgreens systems to better connect and

    communicate health data and analytics to insure members receive the

    most effective prescription drugs at the right cost.

“By integrating Walgreens industry-leading in-store pharmacy

capabilities and convenient retail locations with OptumRx’s advanced

pharmacy care services, we expect to create significant value for our

clients and members,” said Larry Renfro, chief executive officer of

Optum. “We're excited to be working with Walgreens to create a new

pharmacy solution that provides convenience and cost savings. Goes

beyond filling prescriptions to deliver a more valuable pharmacy and

health management experience for consumers.”

“OptumRx’s differentiated pharmacy care services model creating smarter

health care connections will be a strong fit with the more than 27,000

Walgreens pharmacists who interact with and support millions of patients

on a daily basis,” said Alex Gourlay, president of Walgreens. “Together,

we'll build upon our complementary capabilities and shared vision to

offer this new pharmacy solution delivering true value to the customers

that we serve.”

The joint pharmacy care offering is also designed to meet the goals of

payers and health care sponsors seeking to better manage drug benefits

and address the rising cost of care. By providing members with the

choice of how to fill their 90-day maintenance medications, Walgreens

and OptumRx can offer better access and prescription drug cost

management to clients to help improve adherence rates for eligible

members, resulting in better health outcomes and total health care cost

savings.

OptumRx and Walgreens expect the new pharmacy solution to be available

to commercial clients implementing new 90-day prescription benefit

designs, beginning January 1, 2017.

About Walgreens

Walgreens ([Nasdaq:WBA]),

one of the nation’s largest drugstore chains, is included in the Retail

Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA),

the first global pharmacy-led, health and wellbeing enterprise. More

than 8 million customers interact with Walgreens each day in communities

across America, using the most convenient, multichannel access to

consumer goods and services and trusted, cost-effective pharmacy, health

and wellness services and advice. Walgreens operates 8,173 drugstores

with a presence in all 50 states, the District of Columbia, Puerto Rico

and the U.S. Virgin Islands. Walgreens digital business includes

Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and

VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic

and provider practice locations around the country.

About OptumRx

OptumRx is a pharmacy care services company helping clients and more

than 66 million members achieve better health outcomes and lower overall

costs through innovative prescription drug benefits management services,

including network claims processing, clinical programs, formulary

management and speciality pharmacy care. Leveraging expertise, flexible

technology and a network of over 67,000 community pharmacies and

state-of-the-art home delivery pharmacies, OptumRx is putting patients

at the centre of the pharmacy experience and making health care more

connected and less fragmented –. Ensuring patients get the right

medication at the right time at the best cost. OptumRx is part of Optum,

a leading information and technology-enabled health services business

dedicated to making the health system work better for everyone. For more

information, visit [NYSE:UNH].

About Optum

Optum is a leading information and technology-enabled health services

business dedicated to helping make the health system work better for

everyone. With more than 100,000 people worldwide, Optum delivers

intelligent, integrated solutions that help to modernise the health

system and improve overall population health. Optum is part of

UnitedHealth Group (NYSE:UNH). For more information, visit [NYSE:UNH].

[Nasdaq:WBA].

Optum
Drew Krejci, 952-205-6652
[email protected]
Walgreens
Jim Cohn, 847-315-2950
[email protected]