Leadership Restructure at Navitus Health for Future Growth
Leadership Restructure at Navitus Health for Future Growth
Navitus Health Solutions has made noteworthy announcements regarding its leadership team, aimed at bolstering their growth and innovative capabilities in the pharmacy solutions sector. This restructuring is designed to enhance Navitus' commitment to transparency and a people-first approach as they navigate the competitive pharmacy benefits landscape.
Appointment of New Chief Pharmacy Officer
Sharon Faust, PharmD, MBA, CSP, has been appointed as the new Chief Pharmacy Officer (CPO) of Navitus Health Solutions. Faust brings a wealth of experience, having served previously as the Senior Vice President of Specialty Pharmacy at Lumicera Health Services, a wholly-owned subsidiary of Navitus. Her promotion signals a strong commitment to patient-focused care and operational excellence. Faust steps into her new role succeeding Brent Eberle, RPh, who has moved on to become the President of CivicaScript.
Focus on Patient-Centered Care
In her new role, Faust will spearhead the organization’s initiatives aimed at improving health outcomes and ensuring cost transparency. With a mission centered on keeping the patient at the forefront of every operational decision, her leadership is expected to yield significant advancements in accessibility to specialty products. This approach stems from her prior achievements which led Lumicera to an impressive patient net promoter score of 85.5.
Strategic Leadership Additions
The leadership reshuffle also includes the elevation of Carrie Aiken to Chief Administrative Officer (CAO) and the promotion of Darryl Munden to Chief Operating Officer (COO). Aiken will be expanding her prior responsibilities to also oversee Human Resources, while Munden will focus on enhancing operational efficiencies across technology and business collaborations.
Commitment to Transparency
With these important appointments, Navitus Health Solutions presents a robust leadership dynamic that is well-equipped to tackle the increasing demands for transparency and cost containment in the pharmaceutical industry. Their innovative approach sets them apart from traditional pharmacy benefit managers (PBMs), which often retain undisclosed rebates and fees for profit. Navitus continues to pass all negotiated savings directly to clients, ensuring medications remain accessible and affordable for its members.
About Navitus Health Solutions
Founded on principles of transparency, Navitus Health Solutions initially launched a pharmacy benefit manager that commits to passing through 100% of negotiated drug rebates and discounts. Over the last two decades, the organization has evolved to provide a comprehensive set of pharmacy solutions under several brands , including Navitus, EpiphanyRx, Lumicera, and Archimedes. Today, Navitus serves over 14 million lives across a diverse client base made up of employers, unions, government plans, payers, and health systems. This focus has firmly established Navitus as a trusted innovator in the PBM landscape, enhancing accessibility to medication and fostering affordability.
Frequently Asked Questions
What changes are being made to the leadership team at Navitus Health Solutions?
Navitus Health Solutions has appointed Sharon Faust as Chief Pharmacy Officer, Carrie Aiken as Chief Administrative Officer, and promoted Darryl Munden to Chief Operating Officer.
What is the primary focus of Sharon Faust in her new role?
Sharon Faust will concentrate on enhancing patient outcomes and ensuring cost transparency at Navitus Health Solutions, continuing the mission of placing patients at the forefront.
How does Navitus Health Solutions differentiate itself from traditional PBMs?
Navitus Health Solutions differs by passing 100% of negotiated savings directly to clients, avoiding undisclosed rebates, thereby keeping medications affordable.
How many clients does Navitus serve?
Navitus Health Solutions serves over 14 million lives through a broad client base that includes employers, unions, and government plans.
What is the significance of the recent leadership appointments?
The appointments reflect Navitus' strategic intent to leverage internal talent for future growth, enhancing leadership dynamics in response to evolving industry challenges.
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