EmpiRx Health Appoints David Busch as Chief Growth Officer
MONTVALE, N.J., Nov. 17, 2020 /PRNewswire/ -- EmpiRx Health, the industry's only value-based pharmacy benefit manager (PBM), today announced it has appointed David Busch as chief growth officer. Busch will oversee strategic business development and build on EmpiRx Health's growing momentum as plan sponsors seek sustainable clinically-based health benefits.
EmpiRx Health has achieved a 661% growth rate in three years and earned recognition on the 2020 Inc. 5000 list of America's fastest growing private companies. Its growth is fueled by the company's unique value-based model that leverages a client-tailored, population health solution backed by a pay-for-performance guarantee. This risk-bearing, clinical-first approach drives an average 15% reduction in sponsors' year-one, per member per month cost and a 98% retention rate.
"We look for different ways of thinking -- we're a different kind of PBM," said Karthik Ganesh, CEO of EmpiRx Health. "Dave's challenger mindset and endless pursuit of the best solution pairs perfectly with our mission. His rich insights from across the healthcare ecosystem bring a new perspective that will only strengthen our ability to drive sponsor value as we inject healthcare back into pharmacy benefits."
Before joining Empirx Health, Busch served as chief sales officer for BlueCross BlueShield of Western New York, where he oversaw top line growth across all lines of business. Prior to that, he served as the president of the Employer and Health Plan divisions at ValueOptions and Director of National Accounts at Premera Blue Cross, achieving triple digit growth for both organizations.
Learn more about EmpiRx Health's visionary model and how it's challenging the status quo: https://www.empirxhealth.com/
About EmpiRx Health
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SOURCE EmpiRx Health