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    Michael Rea

    Founder and CEO of Rx Savings Solutions

    Professional Background

    Michael Rea is a visionary pharmacist and successful entrepreneur who has made a significant impact on the pharmacy industry through his innovative approach to prescription drug savings. Recognizing the pressing challenges faced by patients who struggle to afford their medication, Michael embarked on a journey to revolutionize the way people engage with their pharmacy benefit. In 2008, after years spent in the field witnessing patients like Betty facing financial barriers to essential drugs, he founded Rx Savings Solutions, a groundbreaking company dedicated to empowering consumers and optimizing their pharmacy experiences.

    As the Founder and CEO of Rx Savings Solutions, Michael has witnessed firsthand the transformative power of informed decision-making in the healthcare sector. His company works tirelessly to improve patients' access to medications by arming them with the knowledge necessary to navigate through a complex and costly system. Michael's mission is simple yet profound; he believes that those who need medications the most are the ones who understand their true value. Under his dynamic leadership, Rx Savings Solutions has grown rapidly, providing services that resonate with millions of members and assisting employers and health plans in reducing their pharmaceutical expenditures.

    Michael embodies a deep commitment to healthcare affordability, evidenced by his relentless pursuit of solutions that alleviate the financial burdens placed on consumers. By leveraging data and patient-centric strategies, he ensures that everyone—patients, employers, and health plans—benefit from the customized pharmacy solutions provided by Rx Savings Solutions.

    Education and Achievements

    Michael's academic journey began with a strong foundation in the life sciences at the University of Minnesota-Morris, where he studied Biology and Chemistry. His thirst for knowledge and understanding of the healthcare field propelled him to further his education at the esteemed Creighton University School of Pharmacy. There, he earned his Doctor of Pharmacy (PharmD) degree, solidifying his expertise and paving the way for his rewarding career in pharmacy.

    His professional experiences are equally impressive, having held significant roles in reputed organizations prior to founding Rx Savings Solutions. Michael served as a Clinical Management Pharmacist in the Specialty Division at OptumRx, where he gained extensive insights into medication management and how to optimize patient outcomes within a complex healthcare framework. Additionally, his tenure as a Pharmacy Manager at Walgreens contributed to his understanding of the retail pharmacy landscape, which has been instrumental in shaping his entrepreneurial ventures.

    Achievements

    Michael's contributions to pharmacy and healthcare extend beyond the establishment of Rx Savings Solutions. The platform has gained remarkable traction in the market, driven by an increasing demand for tools that facilitate better pharmacy consumerism. The success of Rx Savings Solutions is reflected in its year-over-year growth, demonstrating the effectiveness of their services in lowering out-of-pocket expenses for patients while simultaneously reducing pharmacy costs for employers and health plans.

    Each day, the Rx Savings Solutions team, led by Michael, finds gratification in helping individuals avoid overwhelming prescription bills and secure the medications they need to improve their health and well-being. The company’s mission has made significant strides in improving lives, and its innovative solutions exemplify a modern approach to pharmacy care. As healthcare continues to evolve, Michael remains committed to expanding the capabilities of Rx Savings Solutions, fostering an environment where consumers feel empowered to make informed decisions regarding their health and medication needs.

    Related Questions

    How did Michael Rea's journey as a pharmacist lead him to establish Rx Savings Solutions?
    What inspired Michael Rea to focus on making prescriptions affordable for consumers?
    In what ways has Rx Savings Solutions transformed the pharmacy experience for its members under Michael Rea's leadership?
    Can you elaborate on the strategies that Michael Rea employs to empower consumers in navigating the healthcare system?
    What are the key milestones in Michael Rea's career that have shaped his vision for pharmacy accessibility?
    Michael Rea
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    Location

    Overland Park, Kansas, United States