Navitus
Navitus is a pharmacy benefit manager founded in 2003, known for its 100% pass-through pricing model and commitment to transparency and quality in healthcare services.
History of Navitus
Navitus was founded in 2003, based on the mission to evolve the Pharmacy Benefit Manager (PBM) model. The company was established with a clear focus on aligning closely with the needs of plan sponsors through a 100% pass-through business model. Over the years, Navitus has maintained its dedication to providing high-quality healthcare services.
Navitus Services
Navitus offers a range of services tailored to meet the needs of various stakeholders, including members, plan sponsors, prescribers, pharmacies, and partners. The company emphasizes a unique 100% pass-through pricing model, ensuring that all discounts and rebates are transferred directly to clients. Navitus also provides formulary management services to support clinically sound and economically optimal decisions for their clients.
Specialized Services by Lumicera Health Services
Navitus extends its services through Lumicera Health Services, an on-site specialty pharmacy. This specialized service focuses on optimizing patient care and ensuring the effective management of specialty medications. Lumicera supports the overall mission of Navitus by providing clinical expertise and enhancing patient outcomes.
Accreditations and Quality Assurance
Navitus is accredited by the National Committee for Quality Assurance (NCQA) and URAC. These accreditations highlight Navitus' commitment to maintaining the highest standards of quality in healthcare services. Such recognition reaffirms the company's dedication to transparency, comprehensive care, and achieving the lowest net cost for their clients.
Navitus Residency Program
Navitus offers a residency program designed to develop managed care pharmacist clinicians. This program aims to cultivate professionals who are well-equipped to provide innovative and effective pharmacy management solutions. Through this initiative, Navitus contributes to the advancement of pharmaceutical care and supports the professional growth of pharmacists in the managed care sector.