A global consulting and actuarial firm, Milliman, has acquired SkySail Rx, a pharmacy benefit technology company dedicated to maximizing pharmacy benefit pricing. Milliman’s new platform for managing pharmacy benefits gives clients a robust solution that complements its existing analytics tools.

Milliman’s Global Health Practice Director, Tom Snook, said, “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.”

Customers can analyze pharmacy data through SkySail in order to increase efficiency and compliance. Because pharmacy benefits are complex and expensive, even the smallest mistake or oversight can be costly. A powerful analytic platform allows SkySail to reduce errors, lower costs, and improve the beneficiary experience using pharmacy benefits.

According to SkySail Principal, Chuck Gamsu, “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.”