EmpiRx Health on Monday said it added health care industry veteran Danny Sanchez to its leadership team as president. His appointment reflects the Montvale-based company’s impressive growth trajectory and comes on the heels of reaching several significant business and financial milestones.
In his new role, Sanchez will be responsible for furthering EmpiRx Health’s position as a driver of transformative change in pharmacy benefits and health care services.
Sanchez brings more than 20 years of health care experience to EmpiRx Health. He has spent most of his career in leadership roles at Omnicell Corp., which provides innovative pharmacy and medication management solutions for health care professionals and health systems.
EmpiRx Health embraces a practical Population Health Management model that places pharmacists at the center of patient care teams, meaning EmpiRx Health optimizes both patient health and financial outcomes. On average, new clients see a 15% reduction in per member per month costs and sustained savings year-over-year.
“EmpiRx Health stands alone as the industry’s only value-based PBM. Our model shatters the misconception that cost savings must come at the expense of quality care,” EmpiRx Health CEO Karthik Ganesh said. “We’ve proven that it’s possible to put patients first on the path to phenomenal business success. In less than nine years, we’ve saved our clients more than $1 billion — unequivocal proof that an approach that prioritizes both financial and health outcomes is the gold standard of pharmacy care.
“As we continue to grow, we remain obsessively committed to our core values. As a health care organization, it’s imperative that we cultivate diversity within our organization because it better equips us to personalize care and service. Danny is an exceptional leader whose career-spanning commitment to improving health outcomes aligns perfectly with our business model and culture, and his background reflects our organizational values. We’re thrilled about his addition to our leadership team.”