SSNC - SS&C forms joint venture to develop PBM platform
SS&C Technologies (SSNC) has announced a joint venture to develop a next-generation claim adjudication and Pharmacy Benefit Management ((PBM)) platform.The joint venture will be named DomaniRx and will build a cloud-native, API-driven claims adjudication platform using SS&C's technology capabilities and private cloud.Danny Delmastro, DomaniRx's General Manager, said, "The insights we will draw from hundreds of millions of claims transactions, powered by DomaniRx's advanced processing platform, will provide participating members flexible tools, advanced analytics, and customizable programs. All while increasing transparency, accessibility and service quality for members and pharmacies."Delmastro added, "This is a milestone partnership for the healthcare technology industry, and we are pleased that Humana will be our partner and first customer."
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SS&C forms joint venture to develop PBM platform