Pharmacy
The company is promising greater predictability of pharmacy spend to help manage the total lowest net cost.
Its specialty pharmacy capability includes utilization management and a site-of-care program combined with in-house pharmacists.
CVS has fared better because of its ability to scale and coordinate its other business model resources, Aetna and Signify, analyst says.
CEO David Cordani says the company's specialty businesses are the cornerstone of the accelerated growth.
Evernorth estimated the program will save individual patients around $3,500 on average per year.
The CarelonRx offering aims to make it easier for employers to plan for future specialty pharmacy costs.
The plan includes a Gene and Cell Services Pharmacy and Innovation Center, and four central and 300 community-based specialty pharmacies.
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