Scott Martin is the founder, CEO and chairman of Remedy Analytics, a healthcare data analytics technology company that partners with employers to protect their prescription benefit interests. Martin is a three-time entrepreneur dedicated to making healthcare easily comprehensible and affordable for patients and providers.
Martin sold his prior two companies to Brown & Brown, a NYSE company and the sixth largest insurance brokerage in the U.S. Before his ventures, Martin served an integral role in scaling Oxford Health Plans from a start-up to one of the fastest growing healthcare companies in America, a dominant player in managed care and the pre-eminent health plan in the Northeast. He also served as the president of business development for Carrington Pharmaceuticals.
He earned his BA from Hobart College and sits on the boards of several non-profits.
The American prescription crisis is no longer coming. It’s here. And we need to focus on how to address it. According to a study published in the Journal of the American Medical Association in August, for each person in the U.S., $858 is spent annually on prescription drugs, compared with an average of $400 per […]
In the prescription benefit world, there seems to be surprise that Anthem filed an unprecedented lawsuit against Express Scripts, stating that Anthem has been overcharged by more than $3 billion annually over the existing 10-year contract term. The eye-popping damages claim was certain to garner headlines as was the fact that, after months of discussions, a major […]
In today’s American healthcare system, employers can’t order Lipitor directly from Pfizer fortheir employees. Instead, employers and employees are forced to buy drugs through a middleman, the pharmacy benefits manager (PBM). Fingers have long been pointed in both directions to blame the other for the high cost of prescription drugs. The PBMs blame the drug […]
Does your Prescription Benefit Manager contract deliver the actual pricing printed on its pages? Can you verify the actual pricing? If you can’t accurately benchmark your pricing, how can you competitively analyze your program or implement any meaningful predictive strategies? The majority of large employers today do not have the necessary tools at their disposal […]