December 8, 2023


Future Depends on What You Do

Elixir announces the upcoming wave of innovation for pharmacy advantages technology platform

PHILADELPHIA, May perhaps 23, 2023–(Business WIRE)–Elixir, a pharmacy reward management company owned by Rite Assist (NYSE: RAD), has declared specifics of the following launch of its Laker Program technological know-how platform. The forthcoming enhancements include things like new automated workflows, a purchaser service device and modernization of the consumer interface.

“Now a chief in the market, Laker Software program is going from fantastic to fantastic,” mentioned Jeff Mallad, VP, PBM Technology Profits for Elixir. “Elixir’s know-how system is just one of the swiftest and most trustworthy pharmacy promises devices available—and it is about to develop into turbo-billed! We’re modernizing the long term of pharmacy added benefits to assistance our customers’ business progress, the electronic globe and expense reduction.”

The up grade will contain a array of highly developed functionalities that are made to enable clients better regulate their pharmacy statements adjudication knowledge and streamline workflows. The new options will make it possible for end users to obtain and share knowledge much more efficiently, collaborate a lot more correctly, and improve productiveness.

For more than 20 several years, the Laker Application system has been a foremost technologies answer and one particular of only a number of that can deal with a number of traces of small business like:

  • Medicare, Medicaid and Trade

  • Professional payers

  • Adjudication and statements processing for 340B pharmacies

  • Prescription savings card packages

  • Workers’ compensation

Developed on a resilient, scalable architecture, the Laker Computer software system is a 100% virtualized surroundings. The system procedures hundreds of thousands of paid statements for each 12 months and is SOC 1 Style 2 qualified. It has various stages of data stability and redundant backup methods. Laker Software provides a comprehensive established of robust capabilities, together with:

Prospects will begin to beta examination some of the platform’s most recent characteristics soon, and other enhancements will abide by as the following era of Laker Software program evolves. Shoppers can hope to see advancements in charge reduction because of to automation, solutions for improved strategy style and design and channel administration, and innovative analytics and statistical analyses. This is in addition to a cloud-primarily based infrastructure and redesigned person interface, allowing for even a lot more adaptability and a much better customer encounter.

“Elixir is fully commited to investing in ground breaking answers to fulfill the evolving needs of the pharmacy advantages field,” reported Mallad. “In addition to our Laker system, prospects can count on our comprehensive suite of pharmacy gain products and services to customized design their best answer. We assistance your enterprise, enable your growth and assist you realize success in each and every phase of the pharmacy lifecycle.”

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About Elixir:

Elixir, a completely owned subsidiary of Rite Assist Corporation, is a pharmacy providers provider that presents pharmacy benefit administration products and services, Medicare-permitted prescription drug strategies, mail and specialty pharmacy answers, and prescription lower price courses. With the special capability to optimize the comprehensive pharmacy treatment experience, Elixir is crafting answers for today’s pharmacy positive aspects problems. For far more details, check out

About Rite Aid Corporation:

Ceremony Assist is a total-services pharmacy that enhances wellness outcomes. Ceremony Aid is defining the contemporary pharmacy by conference purchaser demands with a broad array of automobiles that provide usefulness, including retail and shipping and delivery pharmacy, as nicely as services presented by way of our wholly owned subsidiaries, Elixir, Bartell Medications and Overall health Dialog. Rite Aid employs additional than 6,300 pharmacists and operates far more than 2,300 retail pharmacy destinations across 17 states. For additional details, check out

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Elixir Media Call:
Jan Yates, APR
Vice President, Advertising and marketing & Communications
[email protected]