Eric Elliott joined Altruix as chief executive officer in 2022. In this role, Eric drives efforts to deliver personalized behavioral health pharmacy services. Eric is leveraging the full power of the organization’s behavioral health expertise, growing physical presence, data, and innovative technology to unleash a pharmacy platform that improves health outcomes and access for vulnerable populations. In addition to his role and serving on the board at Altruix, Eric is currently Lead Independent Director at Welldyne, a full-service pharmacy benefit manager servicing membership through health plan and employer direct agreements. Welldyne is a portfolio company of The Carlyle Group. He also serves when needed as Senior Healthcare Advisor at Warburg Pincus since 2018. Eric was the Board Chair of Voluntis S.A., a digital therapeutics company focused on alternative and combination therapies in several disease states from 2016 until its transaction with the Aptar Group in 2021.
During his time as Chair at Voluntis, the company grew exponentially, went public on the EuroNext exchange, and transacted successfully expanding Aptar’s focus in digital therapeutics and drug administration alternatives. Prior to these roles, Eric led three organizations operating in the pharmacy benefit management industry. In his most recent operating role, he was Prime Therapeutics’ President and Chief Executive Officer (April 2010-April 2015). With approximately $20 billion in annualized drug spend under management at the time of his departure, Prime was the fourth largest pharmacy benefit manager in the United States. Under his leadership, Prime was recognized locally and nationally by prominent publications and organizations for its employee engagement, healthy workplace, highest quality and care of service for members, and business growth. During Eric’s tenure, Prime Therapeutics more than doubled in size and accelerated the value created by the organization more than fourfold.
Before his time at Prime Therapeutics, Eric held the role of president at Cigna Pharmacy Management and president of Aetna Pharmacy Management prior to his time at Cigna. He received his bachelor’s degree in management and finance, and a Master of Business Administration from Temple University in Philadelphia. He served for many years on the board of directors at Prime Therapeutics, the Pharmaceutical Care Management Association, Main Street America (a super-regional property and casualty insurance provider), Voluntis S.A., and the Twin Cities American Heart Association.
Like much of healthcare, pharmacy has seen many changes in recent decades, including buyouts and mergers. As a result of the industry consolidation, only a small handful of pharmacy organizations take in the majority of drug revenue.