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Data Health Partners enters Revenue Sharing & Marketing Agreement with Premier-RX
eTradeWire News/10760252
LOS ANGELES - eTradeWire -- Data Health Partners, Inc. (''Data Health'' or the ''Company''), a digital therapeutics company with innovative evidence-based behavioral technology, today announced it has executed a revenue-sharing, sales and marketing agreement with Premier-RX ("Premier-RX"), a leading provider of pharmacy benefits and telehealth services to businesses, trade unions, public and private sector organizations.
The agreement provides for Data Health to integrate CompassCoach GPTTM ("CompassCoach GPT") and its AI Chatbot wellness coaching application with the Premier-RX pharmacy benefit and telehealth service platform as a way of enhancing the value of their services by helping their clientele challenges regarding diet and exercise. The platform will encourage adherence to prescribed medications and lifestyle regimens and global solutions to better manage their health.
CompassCoach GPT is powered by REBOOT, Data Health's goal mastery and data-driven outcome optimization technology, backed by five (5) patents and two (2) patent pending applications. CompassCoach GPT integrates REBOOT with engagement and other evidence-based behavioral science methods and a coaching-based AI Chatbot technology that interacts with their clientele. CompassCoach GPT will be marketed through a sustainable software-as-a-service, ("SaaS") business model in conjunction with the Premier-RX pharmacy benefit and telehealth services. Data Health expects that it will have an IOS and Android version of the CompassCoach GPT app and will be available by year-end for download at the Apple App Store and the Google App Store, as well as the CompassCoach GPT Client Portal for subscribers.
Data Health's Chief Executive Officer, Paul Arena said, "Premier-RX and CompassCoach GPT are made for each other. Our core focus at Data Health is to empower people to transform their lives, and we see Premier-RX as having a similar mission." Mr. Arena added, "Premier-RX is a first-in class organization that truly wants to change the dynamics and economics around pharmacy benefits and reducing the cost of medicine which allows customers to keep more of their money without losing any of the quality of care. The fact that Premier-RX's pharmaceutical partner has been in business for over 30 years with over 5 million customers along with their telehealth partner who has been in business for 12 years with millions of customers, provides us with the level of trust that our new partners will be with Data Health for years to come."
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"We have analyzed Data Health's CompassCoach GPT technology platform and see it as a tremendous fit to our offering and benefit to our customers," stated Randy Case, Chief Executive Officer of Premier-RX. Mr. Case continued, "the ability to improve one's outcomes from their stated goals is a key to modifying a person's behavior to achieve a healthy, longer life."
About Premier-RX
Premier-Rx is a full PBM replacement that gives enterprises monthly drug savings, brand rebates, access to remote doctors and reduced ER costs, to achieve a more efficient company, while YourDirect-RX is a voluntary model that offers all the similar benefits to individuals and their families.
Who is eligible
Premier-Rx is right for your company if you're self-insured with an existing PBM and want to find out how to lower your prescription benefit costs. If this is you, you probably face challenges like:
Union in New York with approximately 2,500 members, saved over $500,000 in the first year alone by reducing emergency room visits using this service.
How it works
Premier-Rx gives you everything you need to achieve this:
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About Data Health Partners
Data Health Partners, Inc., ("Data Health" or the "Company") is a digital therapeutics Company with industry-leading evidence-based behavioral technology inspiring people to transform their lives, founded in early 2022 by serial entrepreneurs with leadership experience running both private and public companies in multiple industries. Data Health acquired REBOOT ("Reliable Evidence Based Outcomes Optimization Technology") a foundational behavioral modification and goal mastery technology that was developed over a ten (10) year period at a cost of $8 million dollars and is protected by five (5) patents and two (2) patent pending applications. REBOOT is a data-driven, scalable and sustainable outcome optimization software system used to establish and monitor goals, capture data, monitor goal progression and intervene if progression is below targeted level of the set goal.
For more information, please visit www.compasscoachgpt.com
The agreement provides for Data Health to integrate CompassCoach GPTTM ("CompassCoach GPT") and its AI Chatbot wellness coaching application with the Premier-RX pharmacy benefit and telehealth service platform as a way of enhancing the value of their services by helping their clientele challenges regarding diet and exercise. The platform will encourage adherence to prescribed medications and lifestyle regimens and global solutions to better manage their health.
CompassCoach GPT is powered by REBOOT, Data Health's goal mastery and data-driven outcome optimization technology, backed by five (5) patents and two (2) patent pending applications. CompassCoach GPT integrates REBOOT with engagement and other evidence-based behavioral science methods and a coaching-based AI Chatbot technology that interacts with their clientele. CompassCoach GPT will be marketed through a sustainable software-as-a-service, ("SaaS") business model in conjunction with the Premier-RX pharmacy benefit and telehealth services. Data Health expects that it will have an IOS and Android version of the CompassCoach GPT app and will be available by year-end for download at the Apple App Store and the Google App Store, as well as the CompassCoach GPT Client Portal for subscribers.
Data Health's Chief Executive Officer, Paul Arena said, "Premier-RX and CompassCoach GPT are made for each other. Our core focus at Data Health is to empower people to transform their lives, and we see Premier-RX as having a similar mission." Mr. Arena added, "Premier-RX is a first-in class organization that truly wants to change the dynamics and economics around pharmacy benefits and reducing the cost of medicine which allows customers to keep more of their money without losing any of the quality of care. The fact that Premier-RX's pharmaceutical partner has been in business for over 30 years with over 5 million customers along with their telehealth partner who has been in business for 12 years with millions of customers, provides us with the level of trust that our new partners will be with Data Health for years to come."
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"We have analyzed Data Health's CompassCoach GPT technology platform and see it as a tremendous fit to our offering and benefit to our customers," stated Randy Case, Chief Executive Officer of Premier-RX. Mr. Case continued, "the ability to improve one's outcomes from their stated goals is a key to modifying a person's behavior to achieve a healthy, longer life."
About Premier-RX
Premier-Rx is a full PBM replacement that gives enterprises monthly drug savings, brand rebates, access to remote doctors and reduced ER costs, to achieve a more efficient company, while YourDirect-RX is a voluntary model that offers all the similar benefits to individuals and their families.
Who is eligible
Premier-Rx is right for your company if you're self-insured with an existing PBM and want to find out how to lower your prescription benefit costs. If this is you, you probably face challenges like:
- Rising Drug Spend Cost
- Limited Drug Formulary Options
- Complex Benefit Administration
- Inadequate Cost Transparency
- Employee Dissatisfaction with Benefits
- Unpredictable Pharmacy Spend
Union in New York with approximately 2,500 members, saved over $500,000 in the first year alone by reducing emergency room visits using this service.
How it works
Premier-Rx gives you everything you need to achieve this:
- Comprehensive Drug Formulary and Delivery Service: Access to over 1,000 medications, including free antibiotics, with convenient delivery right to your door.
- 24/7 Remote Access to Licensed US Doctors: Round-the-clock virtual consultations with professionals for medical advice and prescriptions.
- Customized Plan Design with GLP1 Claim Support: Tailored pharmacy benefits, including specialized consultant support for GLP1 claims.
- Branded Drug Rebates and Cost-Effective Pricing: Affordable drug pricing with rebate opportunities on branded drugs.
- Simplified Claims Management: Streamlined processing of pharmacy claims for accuracy, and ease of administration.
- Transparency in Rebates: Clear information on drug costs, rebates, and spending.
- Strategic PBM Contracting: A well-structured contract with a Pharmacy Benefit Manager to ensure optimal service and value for the company.
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About Data Health Partners
Data Health Partners, Inc., ("Data Health" or the "Company") is a digital therapeutics Company with industry-leading evidence-based behavioral technology inspiring people to transform their lives, founded in early 2022 by serial entrepreneurs with leadership experience running both private and public companies in multiple industries. Data Health acquired REBOOT ("Reliable Evidence Based Outcomes Optimization Technology") a foundational behavioral modification and goal mastery technology that was developed over a ten (10) year period at a cost of $8 million dollars and is protected by five (5) patents and two (2) patent pending applications. REBOOT is a data-driven, scalable and sustainable outcome optimization software system used to establish and monitor goals, capture data, monitor goal progression and intervene if progression is below targeted level of the set goal.
For more information, please visit www.compasscoachgpt.com
Source: Data Health Partners, Inc.
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