Anthem, Humana Invest Nearly $140 Million in New Pharmacy Benefit Manager

July 28, 2021

Anthem and Humana are investing almost $140 million to develop a new pharmacy benefit manager (PBM) startup with software company SS&C Technologies that they say will offer more transparency in its transactions than existing PBMs.

The two health insurers will hold a minority stake in DomaniRx, while SS&C will own 80 percent of the cloud-based business.

The new platform will draw insights from hundreds of millions of claims transactions, providing advanced data analytics and increasing transparency, said Danny Delmastro, DomaniRx’s general manager.

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