Lowering Medication Costs and Improving Access to Care for Millions
Let’s do health care differently
About Synergie
Synergie Medication Collective is a medication contracting organization founded by a group of Blue Cross and Blue Shield-affiliated companies to serve both Blues and participating independent health plans. Synergie is focused on improving affordability and access to costly medical and pharmacy benefit drugs for nearly 100 million Americans.
The current medication landscape is defined by rising costs, system complexities, and misaligned financial incentives that do little to improve how people afford and access the care they need.
Synergie is here to change that — we’re creating a more transparent and trusted way forward for our clients.
Company Values
Collaboration
Professionalism
Integrity
Accountability
Adaptability
Continuous
Improvement
Company Pillars
Synergie’s investors recognized the opportunity to make a difference for patients requiring complex and expensive treatments covered under the medical benefit, as well as drugs under the pharmacy benefit. Synergie’s investor companies are eager to deliver value and transparency to their respective local communities across the United States.
Synergie will deliver on this promise by:
Improving Affordability
and Access
Synergie seeks to reduce pharmacy and medical benefit drug costs by establishing a more efficient contracting model based upon its collective reach and engagement with pharmaceutical manufacturers, pharmacies, and other stakeholders. With a core philosophy that prioritizes partnership and transparency, Synergie aims to play a key role in ensuring access to affordable treatments for millions of people.
Accelerating
Innovation
Synergie will utilize its unique footprint to accelerate the availability of transformative value-based models with our pharmaceutical manufacturer partners, investors, and other stakeholders to ensure the high prices being paid for the medications covered under medical benefit are proportional to the clinical value achieved.
Increasing
Efficiency
Synergie will improve participating health care companies’ efficiency in contract negotiations and administration by creating a single point of contact for contract negotiations and related administrative functions.
Discover Our Products
SelectMed+ Rebates, Cell & Gene+ and Pharmacy Supply Chain Solutions. These products solutions are designed to fulfill Synergie’s mission of significantly enhancing the affordability and accessibility of expensive medications that are covered under the medical and pharmacy benefits. These solutions are available through participating health plans that have adopted these products as part of their medical and pharmacy offerings.
Why Synergie?
A Focus on Affordability
Synergie is committed to improving affordability and access to life-saving treatments offered by both medical and pharmacy benefit covered drugs. Health plan members, or patients, have both medical and pharmacy benefits to cover health care costs.
Drugs covered by the medical benefit are often high-cost treatments such as multi-million-dollar gene therapies and infusible cancer drugs. These treatments represent a substantial portion of overall drug spend, with significant growth in future spend anticipated. Medications covered under the pharmacy benefits are more utilized and continue to rise in cost at unsustainable rates.
Investors Delivering Value to Local Communities
Building on its success in helping patients access complex and expensive treatment covered under the medical benefits, Synergie expanded into the pharmacy benefits to continue delivering meaningful savings and value. Synergie’s investor companies share a commitment to improving affordability and outcomes for their respective local communities across the United States. As an independent company, Synergie was founded to advance this mission and broaden its impact for participants nationwide.
Blue Cross Blue Shield Association
Elevance Health
Evio Pharmacy Solutions
Founded by Blue Cross Blue Shield of Massachusetts, Blue Cross Blue Shield of Michigan, Blue Shield of California, Highmark Inc., and Independence Blue Cross, Wellmark Blue Cross and Blue Shield
Prime Therapeutics
Including Magellan Rx Management as part of Prime
And several independent health plans:
Arkansas Blue Cross Blue Shield, Blue Cross Blue Shield of Arizona, Blue Cross Blue Shield of Kansas City, Blue Cross Blue Shield of Louisiana, Blue Cross Blue Shield of South Carolina, Blue Cross Blue Shield of Vermont, Blue Cross of Idaho, CareFirst BlueCross BlueShield, Excellus, HMSA, Premera Blue Cross
Why We are Called Synergie Medication Collective
The name “Synergie” represents the investors’ common goal of creating value and better experiences for all. It highlights our combined effort to strengthen access, affordability, and outcomes.
“Medication Collective” further describes the company’s category and focus — the product of a group of independent companies building solutions in the pharmacy and medical benefit drug space.
Join the Synergie Team
Director, Trade Client Relations
Remote
Legal Counsel
Remote
News & Media
A New Approach to Prescription Drug Negotiation is Emerging
For years, the U.S. pharmacy benefits system has relied on complex pricing structures that obscure the true cost of medications…
A Smarter Way to Lower Drug Costs: How Transparency and Innovation Can Redesign Pharmacy Benefits
Crippling drug costs is uniquely an American burden, with the U.S. paying 2.5 times more for medications than those in other high-income…
Blues plans launch Synergie to cut costs for the priciest drugs
Synergie Medication Collective, an independent company the plans see as a novel solution to costly physician-administered drugs.
Announcing Synergie Medication Collective
Blue Cross Blue Shield companies form Synergie Medication Collective, a new venture to radically improve affordability and access to costly…
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For media inquiries please send to contact@synergiecollective.com