Orlando, FL – Abarca announced that PerformRx, a leading national full-service PBM headquartered in Philadelphia, PA, has selected Darwin, Abarca’s PBM technology platform, to serve its key clients. This partnership was announced at the opening of the Academy of Managed Care Pharmacy Nexus Conference
“Mesfin and the team at PerformRx have always been innovators who stay at the forefront of the market and we are proud to deliver them the industry’s modern integrated and user friendly PBM technology,” said Jason Borschow, Abarca’s Chief Executive Officer. “Plans and PBMs are accustomed to overly complex platforms that are the result of years of patches, fixes, and workarounds. The era of legacy pharmacy benefit management systems is now ending.”
Built in-house by Abarca, Darwin integrates claims processing, pharmacy network, prior authorizations, clinical programs, Medicare and Medicaid compliance, rebate management, and other critical PBM work streams into a single, fast, seamless interface. Invoicing, payments, and other financial functions can be integrated into a PBM’s general ledger, streamlining the accounting cycle, and reducing overhead. Darwin is a cloud-based and mobile-ready platform that is scalable, flexible, and secure.
“There is nothing like Darwin in the industry,” said Mesfin Tegenu, M.S., R.Ph., President of PerformRx. “And we have learned that Darwin is more than an advanced software platform, it is supported by a commitment to a higher standard of service by the entire Abarca team.”
Along with offering Darwin as a freestanding SaaS solution, Abarca also provides complete, end-to-end pharmacy benefits management covering more than 2.5 million lives and nearly 2 billion dollars in annual drug spend.