Southern Scripts is a healthcare services company that specializes in pharmacy benefit management with an emphasis on transparency and innovation in prescription pricing. The company offers unique pass-through pricing and a transparent mode which is designed to deliver meaningful savings to clients and optimal health outcomes to members. Their model ensures all drug pricing and rebates are passed on to their customers, making healthcare more affordable for employers and members alike. The company offers a Variable Copay program, which it claims to be an industry-first that reportedly achieves an average of 30% savings on brand and specialty drugs.
In May 2023, as part of its growth strategy, Southern Scripts was rebranded as Liviniti. Under the new branding, Liviniti aimed to provide improved, simplified pharmacy benefits and maintain transparency in its pricing.
Key customers and partnerships
As a pharmacy benefit manager, Southern Scripts works directly with employers to manage prescription drug benefits for their employees. This involves negotiating drug prices with pharmacies and drug manufacturers, managing pharmacy benefit plans, and processing and paying prescription drug claims. As of May 2023, the company was serving 750,000 plan members.
Funding and financials
In January 2021, Southern Scripts secured an investment of USD 100 million from Water Street Healthcare Partners. This capital inflow was expected to be used to expand the firm's portfolio of services, enhance its technology, and increase its presence across the country.
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