Cutting the Cost of Prescription Benefits
Remedy Analytics is a health care technology company that deploys proprietary analytics technology to help self-insured employers reduce prescription benefit costs. Founded in 2012, Remedy has doubled sales each year thereafter, and counts employers from all industries, including the public sector, as clients. Remedy’s team is made up of highly trained specialists, including pharmacists, medical directors, data scientists, engineers and clinicians. Remedy can help any self-funded employer, in any industry and any location, to dramatically reduce prescription benefit costs and harness claims data to make actionable, informed decisions.
Expanding in Southeast Wisconsin
The company recently announced that it plans to expand its operations in southeastern Wisconsin. Remedy anticipates hiring 27 new full-time employees, more than doubling its current workforce. These new hires, along with Remedy’s current staff of 17, will be housed at 234 West Florida Street in the Walker’s Point neighborhood of Milwaukee. Company executives selected Milwaukee for the expansion after considering other U.S. locations. To help secure the company’s expansion, the Wisconsin Economic Development Corporation has agreed to provide up to $110,000 in performance-based Business Development Tax Credits through 2019.