When drugs work well,
they work wonders.
The current prescription drug system is complex, inefficient, and built around misaligned incentives. We want to reimagine medication management from the ground up, with a focus on health outcomes over profits.
We believe every prescription should be affordable, accessible, and adjusted to achieve maximal clinical benefit.
We’ve got a place for you on our team.
Transforming medication management
Medications account for about 20% of total health care spending, are the most frequent clinical intervention delivered by doctors to patients, and are the most frequent interaction patients experience with their health plans. Medications (particularly specialty) are also the fastest growing spend category for health plans.
Renew Health’s mission is to fundamentally transform how medications are managed in the health care system. To do so, we are building a modern technology platform that will anchor a highly differentiated approach to pharmacy benefits. This technology will power an innovative set of clinical services and exceptional member experience, which together can improve access, increase adherence, and ensure that members maximize the clinical benefit they receive from medications.
We believe that our approach will reduce population costs, decrease medication errors, and dramatically improve clinical outcomes. It will also allow us to align our business model with the interests of health plans and patients--passing through savings to clients and members, and generating revenue through clinical services that improve care and lower costs.
Our initial team of 30 includes co-founders of Oscar, Devoted, and Lyra Health, and alumni of top companies including Microsoft, Oracle, McKinsey, Snapchat, DaVita, AppNexus, and GoodRx. To date, Renew Health has raised $13M of funding, led by Venrock.
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