The Business of Pharmacy Podcast™ Redefining Pharmacy Benefits Without the Gimmicks | Joey Dizenhouse, FSA, MAAA SlateRx, President & CEO
Apr 14, 2025
Joey Dizenhouse, President and CEO of SlateRx, is on a mission to bring transparency and ethical practices to pharmacy benefits. In this engaging discussion, he shares insights on redefining pharmacy benefit management by cutting through the industry's gimmicks. Dizenhouse addresses the urgent need for fiduciary responsibility and realignment of incentives among stakeholders. He highlights ongoing challenges with Pharmacy Benefit Managers in Michigan and the transformative potential of the 'Pharmacy of Tomorrow' model, merging Medicare services with independent pharmacies for enhanced community health.
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Career Shift
- Joey Dizenhouse transitioned from leading pharmacy purchasing at HealthTrust to becoming CEO of SlateRx.
- SlateRx partners with HealthTrust, leveraging their negotiated PBM deal and enhancing it with added value.
SlateRx Model
- SlateRx functions as a Pharmacy Benefit Experience (PBX), focusing on transparency and patient-centric care.
- They partner with HealthTrust and Optum, handling clinical aspects and ensuring alignment of incentives.
Finding the Right Advisors
- Seek advisors focused on client value, not just easy solutions.
- Offer guarantees and prioritize client satisfaction over profit maximization.