CHICAGO – Aon announced Monday that Matt Gibbs was hired to lead the firm’s growing pharmacy solutions practice.
As Aon’s senior vice president, pharmacy solutions leader, Gibbs will manage a team that serves employers across the U.S. with pharmacy benefits strategy, program design, cost analysis and competitive bidding of pharmacy benefits management (PBM) services. His team works collaboratively with Aon’s medical consulting teams to ensure that employers have the right plan to maintain a healthy workforce.
In this capacity, Gibbs will also oversee the Aon Rx Coalition (ARxC) and the National Prescription Drug Coalition (NPDC), both of which pool the collective buying power of hundreds of clients resulting in billions of dollars of annual drug spending. The coalitions provide medium- and large-size employers with access to industry-leading pricing, terms and conditions.
“At a time in which pharmacy costs are a growing concern, we continue to focus on growing our pharmacy solutions business to drive capacity and deliver more value for clients,” said Jim Winkler, global chief innovation officer for Aon Health. “Matt brings clinical depth, proven business leadership experience, a wide and vast network of industry people and an energy and enthusiasm for charting a course for the next generation of pharmacy solutions at Aon.”
Gibbs has spent nearly 20 years in the PBM and consulting industries, including leading the pharmacy team at Hewitt Associates from 2004 to 2007. He most recently worked as president of Envision Rx, where he was responsible for the client facing activities and strategies for the PBM business. He has also held pharmacy leadership roles at Walgreens and Anthem, Inc. Gibbs earned his doctor of pharmacy degree from Butler University.