Prescription Pricing Search Engine Waltz Health Enters the Medicare Market
One of the nation’s largest not for profit Medicare Advantage plans, SCAN Health Plan, is the first to use the feature.
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Waltz Health is a digital healthcare company that uses an AI-based search engine called Marketplace Search to price, distribute and prescribe medications at the lowest possible cost for patients.
Last week, the company announced that it will soon start offering these services to Medicare beneficiaries by using a customized version of Marketplace Search. Medication adherence information will also be available to members.
The first payer to utilize this feature is SCAN Health Plan, which is one of the largest nonprofit Medicare Advantage health plans in the nation.
"Our tailored versions of Marketplace Search empower the members of Medicare Advantage plans with more choice and information when they're searching for better prices on their prescription drugs, delivering savings for them and helping the plan with member retention," said Waltz Health CEO and cofounder Mark Thierer in a news release. "We're honored to be working with such prestigious Medicare-focused health plan partners and look forward to helping them solve more unique use cases like coverage gaps."
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