Parag Patel's Colleagues at Remedy Analytics
Parag Patel's Contact Details
800-975-9517
Remedy Analytics
Parag Patel's Company Details
2020 Inc. 5000 Annual ListAmerica's Fastest-Growing Private CompaniesRemedy's mission is to make prescription drugs more affordable and accessible for self-insured payors and patients for optimal health. It was built on the premise that in order to understand the true cost of a prescription drug and its utilization, access to data that every claim generates is essential, along with sophisticated analytics necessary to agnostically understand – and act on -- that data. Remedy's team of pharmacy, PBM, actuarial, engineering, and data experts leverage its PharmaLogic® analytics platform to mine, crosswalk, and integrate disparate data sets. The results are actionable insights that lower plan costs and optimize drug utilization, empowering plan sponsors to better manage outcomes. Proprietary to Remedy, PharmaLogic® works like an MRI machine: Remedy can see – and do – what those others can't. Further, Remedy gives its clients direct access to PharmaLogic®'s interactive "action boards" that provide meaningful financial and clinical guidance so that plan administrators can stay ahead of rising Rx costs and utilization trends. Remedy's platform works for any self-funded entity across all industries and sizes, including Fortune 500 and other large companies, small and mid-sized employers, state and local governments, Taft-Hartley plans, health systems, etc. Any self-funded entity that engages with a PBM is an ideal partner. Our clients recognize that Remedy fundamentally changes outcomes, while others just report them.