Company Overview
NovoLogix, Inc. is a medical pharmacy benefit management company delivering a breakthrough Software-as-a-Service (SaaS) medical pharmacy information system called MedRxSM. NovoLogix provides tools to manage the pharmaceuticals covered under an insurer’s medical benefit. Outpatient drugs covered under the medical benefit are usually dispensed in either a physician’s office, or a patient’s home, and include injectables and infusables. They are quite often biotech drugs, commonly used to treat diseases such as cancer, rheumatoid arthritis and multiple sclerosis.
The MedRx SaaS technology and management model has consistently reduced these relatively unmanaged pharmaceutical costs. These savings can be realized within the rapidly increasing $8 per member, per month (PMPM) medical benefit pharmacy spend.
NovoLogix is dedicated to increasing the level and quality of data available to manage these disease states.