Case Study: Keystone Cooperative cuts pharmacy costs by 40% with SmithRx

Keystone Cooperative cuts pharmacy costs by 40% with SmithRx

Keystone Cooperative, a major agricultural company, faced a challenge of zero visibility and a lack of accountability from its pharmacy benefits partners, which prevented it from controlling its pharmacy spend. The company turned to the vendor SmithRx and its modern pharmacy benefit management (PBM) service to address this issue.

SmithRx implemented its transparent PBM model, which included its Drug Pathways Engine to identify the lowest net cost for prescriptions and provided 100% rebate pass-through. This solution delivered significant results for Keystone Cooperative, including an average of 40% savings per member per month and total drug pathway savings of $1.8 million.

Keystone Cooperative