ProAct - PBM

🎈🎉Today we celebrate our 25th Anniversary!🎉🎈 “The last two and a half decades are a testament to our mission of creating and promoting lasting partnerships. We are proud of our success over the years and excited to continue to grow and expand our business while bringing value to employer groups and members across the country.” - David Schryver, President of ProAct, Inc. #ProActPBM #SilverAnniversary #EmployeeOwnedCompany

As 2024 comes to a close, so does the year-long celebration of ProAct's 25th Anniversary. Throughout this monumental year, we set and exceeded our 25 Acts of Service goal, promoted partnership at the annual ProAct Summit, celebrated team comradery at our Family Fun Day event, and enjoyed many Themed Third Thursdays with one another! As we reflect on the many successes from our 25th Anniversary year, we look forward to what the future holds for ProAct! 📈 To everyone who has been part of our journey – clients, colleagues, and partners – thank you for trusting, challenging, and inspiring ProAct. Here's to another 25 years of creating and promoting lasting partnerships! 🚀 #ProActPBM #EmployeeOwned #25thAnniversary #NewYear

We can't think of a better way to close out our 25 Acts of Service during our 25th year than with a food drive to help support our local schools! 🍞🍎🥦 Throughout the month of November, employee owners participated in #27, our final ProAct Cares event, by hosting a food drive for the Banford and Roxboro Road Elementary Schools. The results were incredible! We want to sincerely thank our employee owners for their generosity and dedicated support in helping the families of our community! ❤️ As the new year approaches, we're looking forward to continuing to find ways to make a positive impact in our community! #ProActCares #FoodDrive #EmployeeOwned #CommunitySupport

Notable industry trends throughout 2024 include the continued growth of the specialty market. Across the industry, specialty medications now account for an estimated 54% of spending which has been driven mainly by the immunology/anti-inflammatory class with medications like Humira and Stelara as well as oncology. In the non-specialty space, the anti-obesity category leads both the long and short term market growth. Through June of this year Wegovy, a GLP-1 agonist used for chronic weight management, has shown the greatest year over year retail sales growth at 124.2%, however Ozempic, a GLP-1 agonist used to treat type 2 diabetes, still leads the market in overall retail sales at 25.7 billion (MAT June 2024). Positively impacting the diabetes category we have seen a decrease in insulin sales by approximately 48% since Q4 of 2023 as a result of several manufacturers lowering their list price, although prescription count has remained unchanged.  Through June of this year the market has experienced 26 new drug launches, immunology/anti-inflammatory, digestive and infectious disease are the top areas in 2024 accounting for 45% of new product launches. This differs slightly as compared to 2023 in which new product launches were led by the oncology category representing 25% of new product launches. Based on first year of sales from launch month, through June of this year the top three launches (Octagam, Cabtreo, Balfaxar) by sales combined hit ~1.2 billion but pales in comparison to the top launch of 2023, Zepbound, a GLP-1 agonist used in chronic weight management which achieved 2.6 billion in its first year sales. As new drugs come to market with higher annual treatment costs we see the entire generic sales market at 54.7 billion remain relatively unchanged since 2018, however the combined sales of brand drugs equivalent to the entire generic market has decreased from 7 to just 2 (Ozempic and Humira) over the course of the last 6 years. As we look towards the future we predict that oncology and obesity will continue to drive spend through 2028 while we expect a slowing in the diabetes and immunology/anti-inflammatory category.  The impact of exclusivity losses reached $75 billion on a net revenue basis over the past 5 years including a large biosimilar impact. The forecasted impact over the upcoming years is now estimated at 93.6 billion.

ProAct Holiday Spirit Week was in full swing last week! 🎄 Our offices were filled with joy and excitement as we celebrated the holiday season with one another! From a hot cocoa bar, ornament exchange, holiday potluck, and a few themed outfit days - the week was filled with fun, laughter, and camaraderie! ☕🎁🍪 We want to wish everyone a wonderful holiday season! ❤️ #ProActPBM #HolidaySpiritWeek #EmployeeOwned #CompanyCulture #WorkplaceFun

When ProAct started it's Ownership Ambassador Committee (OC) three years ago, we had no idea where it would lead or how many lives we would impact. 💛💚💙 Employee owners Kate Johnson and Tracey Pitoniak have been with us since the beginning, working hard behind the scenes to fulfill the OC's mission to drive engagement, foster an ownership mentality, and celebrate successes within ProAct. 💛💚💙 Kate and Tracey have served their 3-year term and we are so thankful for their dedication and continued support! #ProActPBM #EmployeeOwned #OwnershipMentality #ProActCares #ESOP

We're never ones to disappoint, our employee owners have exceeded our goal of 25 Acts of Service during our 25th Year! Over the weekend, employee owners participated in #26, National Wreaths Across America Day. Employee owners carried out the Wreaths Across America mission to Remember, Honor and Teach by placing wreaths on the headstones of our fallen heroes, a small gesture of gratitude for the freedoms Americans enjoy today. ❤️ Thank you to our employee owners who participated at various cemeteries across the United States to Remember, Honor and Teach the sacrifices of our military heroes. #ProActCares #WreathsAcrossAmerica #HonoringVeterans #EmployeeOwned

Meet Parth! #employeeowner

Interested in kick starting a career in the healthcare sector? 💊 We have a job opportunity for you! ProAct is hiring for an Account Coordinator to join our team! If you're passionate about building client relationships and optimizing solutions, we want to hear from you. 🏆 Click the link to apply today: https://hubs.li/Q02_szXc0 #ProActPBM #NowHiring #AccountCoordinator #EmployeeOwned #HealthCare

Employee Owners were in the holiday spirit as they crossed off #25 of our 25 Acts of Service during our 25th Year at the McMahon Ryan Child Advocacy Center wrapping presents for their annual Holiday Angels Project! 🎄🎁 The Holiday Angels Project helps provide a joyful holiday season to over 200 children in the community. We want to thank the McMahon Ryan Child Advocacy Center for having us and allowing us to make a meaningful impact on the children of our community this holiday season! ✨ #HolidayAngelsProject #ProActCares #GivingBack #SpreadJoy