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An Entrepreneur's Mission to Revolutionize PBMs | A.J. Loiacono, Capital Rx

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Manage episode 377241640 series 2539326
Content provided by Mike Koelzer, Pharmacist and Mike Koelzer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Koelzer, Pharmacist and Mike Koelzer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Show Overview:

We discuss the evolution of the pharmacy benefit manager (PBM) industry with AJ Loiacono, founder and CEO of Capital Rx. AJ shares his experiences as an entrepreneur aiming to disrupt incumbent PBM models and practices.

https://www.cap-rx.com/

00:00 Introduction

00:23 AJ Loiacono introduces himself and Capital Rx

01:02 Changes in the PBM industry over the past 2 years

02:18 Role of modern communication and social media

03:06 The growth in prescription drug spending

04:42 Drug inflation and the shift from gross to net pricing

08:55 The complex and opaque drug supply chain

10:40 The need for PBM regulation and oversight

15:27 Capital Rx's competitive spirit and mission

18:52 Building out Capital Rx's leadership team

21:31 The challenge of tracking true drug prices

25:31 Expanding into government claims processing

26:11 Leading a growing organization as CEO

31:40 Most stressful times as an entrepreneur

37:14 Conviction as an entrepreneur

42:41 Precarious position of a startup CEO

46:17 Why some founders give up

48:15 AJ's Entrepreneur of the Year award

50:13 Being a "minmaxer" in business

52:00 Avoiding startup founder cliches

56:28 AJ's enthusiasm two years later

57:01 Outro

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

  continue reading

276 episodes

Artwork
iconShare
 
Manage episode 377241640 series 2539326
Content provided by Mike Koelzer, Pharmacist and Mike Koelzer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Koelzer, Pharmacist and Mike Koelzer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Show Overview:

We discuss the evolution of the pharmacy benefit manager (PBM) industry with AJ Loiacono, founder and CEO of Capital Rx. AJ shares his experiences as an entrepreneur aiming to disrupt incumbent PBM models and practices.

https://www.cap-rx.com/

00:00 Introduction

00:23 AJ Loiacono introduces himself and Capital Rx

01:02 Changes in the PBM industry over the past 2 years

02:18 Role of modern communication and social media

03:06 The growth in prescription drug spending

04:42 Drug inflation and the shift from gross to net pricing

08:55 The complex and opaque drug supply chain

10:40 The need for PBM regulation and oversight

15:27 Capital Rx's competitive spirit and mission

18:52 Building out Capital Rx's leadership team

21:31 The challenge of tracking true drug prices

25:31 Expanding into government claims processing

26:11 Leading a growing organization as CEO

31:40 Most stressful times as an entrepreneur

37:14 Conviction as an entrepreneur

42:41 Precarious position of a startup CEO

46:17 Why some founders give up

48:15 AJ's Entrepreneur of the Year award

50:13 Being a "minmaxer" in business

52:00 Avoiding startup founder cliches

56:28 AJ's enthusiasm two years later

57:01 Outro

The Business of Pharmacy Podcast™ offers in-depth, candid conversations with pharmacy business leaders. Hosted by pharmacist Mike Koelzer, each episode covers new topics relevant to pharmacists and pharmacy owners. Listen to a new episode every Monday morning.

  continue reading

276 episodes

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