Former OptumRx CEO Mark Thierer has reentered the drug pricing fray, launching a new startup called Waltz Health that lets users search for the lowest-cost medications with $35.4 million in Series A funds.
"We are working with the system, not against it," Thierer tells Axios.
Why it matters: Pharmacy benefits managers, or PBMs, are the newest four-letter word in health care, and startups are coming out of the woodwork in recent months to compete with them.