National CooperativeRx hosted an Annual Meeting for our members and partners to provide insight into the Cooperative’s success and offer thought-provoking educational opportunities. This year’s meeting delved into National CooperativeRx’s accomplishments, gave attendees a look into the technological future of healthcare, and explored trending topics in prescription benefits.
The hybrid event was held on May 16 in Madison, WI, at the Monona Terrace Community and Convention Center. In-person attendees immediately began networking upon arrival and moved into the ballroom to enjoy a lunch buffet. National CooperativeRx’s CEO, Josh Bindl, opened the meeting with an introduction and announcement of the election of Stan Zeyer, Chief Administrative Officer at Sunrise Engineering, to our member Board of Directors. Following this announcement, Josh shared the Cooperative’s financial achievements, trend dynamics, and explained areas of interest such as weight loss, insulin, specialty medications, and state and federal reform.
This year, National CooperativeRx broadened its educational opportunities beyond pharmacy benefits and welcomed a keynote speaker who focused on technological advancements in healthcare. Kurt Mosley, former Vice President of Strategic Alliance at Merritt Hawkins, took the stage and captured the attention of the audience with the seven drivers of physician shortages, the impact of physician shortages on consumers, and emerging models aimed at expanding physician access. From trends in telemedicine to hybrid care delivery models, Kurt compelled the audience with his extensive knowledge of consumer-driven processes in healthcare. He concluded his presentation by highlighting the many innovations paving the way for the future of healthcare.
Next, panelists, Jeremy Basedow, Employer Accounts at CVS Health, Connie Perry, PharmD, Managing Director at PricewaterhouseCoopers, and Wayne Salverda, RPh, Senior Director — Clinical Services at National CooperativeRx, joined the stage to discuss trending topics in prescription benefits. Josh Bindl moderated the discussion and posed various questions to each of the industry experts including how PBMs’ profitability has evolved, the role and future of rebates and biosimilars, and how CVS Caremark has responded to state reforms and their plan moving forward. Before concluding, all three panelists shared their final takeaways with the audience from their perspectives within the pharmacy benefits industry.
Immediately following the meeting, a cocktail reception ensued in the Grand Terrace overlooking Lake Monona. Attendees networked with one another and conversed about the various topics from the day while enjoying beverages and hors d’oeuvres.
Thank you to all who participated in the 2023 National CooperativeRx Annual Meeting. We hope you can join us next year in-person or virtually on May 7 for another educational Annual Meeting!