Anthem moves up launch of its PBM to second quarter of 2019
January 30, 2019 / Paige Minemyer
Anthem is planning to begin moving members into its new PBM, IngenioRx, in the second quarter of 2019, bumping up the projected launch from 2020. Anthem announced the change as part of its fourth-quarter earnings (PDF), saying it moved up IngenioRx’s launch because Cigna closed its acquisition of Anthem’s current pharmacy benefit manager, Express Scripts. Anthem’s contract with Express Scripts will end on March 1, with the yearlong process of migrating members to IngenioRx beginning the next day, it said. Anthem CEO Gail Boudreaux said on the company’s earnings call Wednesday morning that the accelerated launch is “a key milestone in the realization of our vision and strategy.” “IngenioRx will improve our ability to integrate the pharmacy benefit into our already strong medical and specialty platform,” Boudreaux said.