The decision to switch contracts comes as the public hospital system builds its own retail pharmacy network.
Under its current 340B contract with Capture Rx that expires Dec. 31, the hospital system spent an average of $36 per prescription.
The new contract with RxStrategies would lower its cost per prescription to about $8 or $9, according to the report.
If the $16.1 million contract with RxStrategies is approved by the system’s board, it becomes effective Jan. 1.
More articles on pharmacy:
Novant Health to open health clinics inside Walgreens
GlaxoSmithKline recalls prescription heartburn drug globally
BIO CEO to step down at the end of 2020
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit