Cost Plus Drugs Marketplace (For Business) reposted this
Thrilled to share MultiCare Health System’s innovative partnership with Mark Cuban Cost Plus Drug Company, which was recently featured in Becker’s! 🏥💊 Through this collaboration, MultiCare has saved over $1 million on 125 generic medications from April to October alone. By leveraging Cost Plus Drugs’ transparent pricing model and utilizing data analytics, we've identified opportunities to drive significant value — not just in cost savings, but in reinvesting those dollars into initiatives that improve care delivery and patient outcomes. These savings represent just a fraction of our $350 million annual drug budget, but they’re already fueling new opportunities: * Supporting new service lines *Investing in cutting-edge technology and automation *Improving access to care and patient experiences This partnership also enhances our approach to managing drug shortages, helping reduce spend on replacement therapies by over 50% this year. It’s a perfect example of how pharmacy leaders can tackle healthcare’s toughest challenges through strategy, innovation, and collaboration. Mark Cuban Mark Cuban Cost Plus Drug Company, PBC MultiCare Health System
Alan Bowe
2mo
Great stuff Tyson. You don't talk about doing innovative things...you do them. I also know that this is just one of many exciting initiatives that you are working on at MultiCare.
This is an amazing initiative ! Great Tyson !
Phil White
2mo
Love to hear it, Tyson!
Paige Twenter
2mo
It was great chatting with you, Tyson!
Way to go, Tyson!!
Senior Director Regional Sales-West USA & Leadership Development- Tolmar Pharmaceuticals, Inc.
2moI shared this site with my company more than a year ago as it less expensive, for our own employees, even if they have RX coverage! Moreover shocking that you can find drugs like Zytiga (abiriterone) for less than $25 a month! this is massively important especially for patients that have cancer as on average cancer care cost about 26% of a monthly budget.