Prime Therapeutics LLC (Prime) announced that Magellan Rx Pharmacy, LLC (Magellan Rx), Prime's specialty pharmacy, entered into a multi-year deal with Inovalon for its ScriptMed® Cloud platform. The improved patient-centered platform aims to drive additional value for Magellan Rx specialty care patients through streamlined support and an enhanced digital engagement experience. In today's health care ecosystem, specialty medications account for 55% of total drug spend and that is expected to rise given 67% of the pharmaceutical drug development pipeline is comprised of specialty medications.

Implementing the Inovalon ScriptMed Cloud solution is one of the many ways Prime and Magellan Rx aim to deliver improved specialty pharmacy patient care. Prime and Magellan Rx's approach to specialty care embraces multiple channel solutions, creates a more streamlined patient experience and reduces waste. This model enables Prime to provide dedicated patient support to members on a specialty medication.

Patients using Magellan Rx Specialty Pharmacy will see additional value from ScriptMed, resulting in faster access to therapy and advanced engagement offerings. The platform will support patients with: Self-service for tracking fulfillment and delivery of shipments and refill requests. Streamlined support for patient and provider requests for coverage determination documentation support.

Greater support for patients seeking financial assistance. Enhanced digital engagement. ScriptMed Cloud is the industry's most advanced cloud solution empowering superior specialty pharmacy patient care and operational efficiency.

Powered by the Inovalon ONE® Platform, ScriptMed Cloud offers enterprise-scale, high-speed cloud-based compute, multi-stakeholder workflows, real-time healthcare ecosystem connectivity, advanced analytics, and enhanced data visualization capabilities ? all uniquely informed by Inovalon's massive primary source datasets.