Milliman acquires SkySail Rx, which expands its pharmacy data analytics capabilities

Contract pricing management, rebate analysis, MAC management, RFP support, ongoing claims monitoring, and dynamic claims analysis are all supported by SkySail Rx technology.

FREMONT, CA: Milliman, Inc., a leading global consulting and actuarial firm, announced today the acquisition of SkySail Rx, a pharmacy benefit technology firm specializing in data-driven pharmacy benefit pricing and contract management. As a result, Milliman's clients now have a more robust platform for managing pharmacy benefits, which complements the firm's existing suite of analytic tools.

"Milliman is already the leading expert in pharmacy benefits and pharmacy data management. The addition of SkySail gives us an advanced analytic platform to support the ever-evolving needs of our clients," says Milliman's Global Health Practice Director, Tom Snook.

SkySail enables clients to dynamically analyze large amounts of pharmacy data to improve efficiency and compliance. Given the complexities of pharmacy benefits, even minor errors or oversights can have significant financial consequences. SkySail leverages a powerful analytic platform to reduce the risk of costly errors, lower costs, and improve beneficiary pharmacy benefits experience.

"Pharmacy industry stakeholders are constantly looking for ways to reduce costs, ensure compliance, and be more efficient. By joining with an independent firm like Milliman, SkySail can enhance our unique industry approach and generate natural business synergies that provide clients with an unparalleled blend of valuable objective advice and innovative tools for managing pharmacy benefits," says SkySail Principal Chuck Gamsu.