EMPLOYERS® Expands Pharmacy Services with Healthcare Solutions After Effective Pilot Program
Healthcare Solutions, the parent company of Cypress Care, Procura Management, ScripNet and Modern Medical, today announced the expansion of its workers compensation pharmacy management partnership with EMPLOYERS®, America’s small business insurance specialist®. Through the partnership with Healthcare Solutions, EMPLOYERS has saved millions of dollars in workers compensation pharmacy costs for its customers.
Since May 2013, Healthcare Solutions has worked in collaboration with EMPLOYERS to deliver clinically-based pharmacy benefit management (PBM) services to EMPLOYERS customers in six states. Since its inception, the clinical programs implemented by Healthcare Solutions and EMPLOYERS have saved hundreds of thousands of dollars through customized step therapy interventions that help ensure the safe and cost-effective use of medications for claimants. Substantial savings have also been attributed to physician outreach that encourages providers to prescribe safer, lower-cost prescription alternatives. As a result, EMPLOYERS has expanded beyond the initial program and now offers Healthcare Solutions PBM services in 22 additional states.
We selected Healthcare Solutions as a PBM partner based on their proven track record of providing customized pharmacy services and leading clinical management strategies, said Barry J. Vogt, senior vice president, chief claims officer with EMPLOYERS. We are committed to providing our customers with strong managed care partners that enable us to return meaningful results to our customers and provide high quality and cost-effective care for claimants.
In addition to expanding PBM services into additional states, Healthcare Solutions and EMPLOYERS are implementing new pharmacy initiatives including:
- Monitor Rx, a drug urinalysis screening program that identifies aberrant patient behavior such as doctor shopping, pharmacy hopping and overutilization of narcotics.
- Opioid Defense Manager, a proactive, customized program designed to protect employees, physicians and employers by reducing inappropriate drug use while maintaining the necessary balance to provide pain relief for the claimant.
- Compound drug re-pricing program.
- California pharmacy benefit network (PBN) services.
Healthcare Solutions is proud to be a pharmacy management solution to EMPLOYERS, said Joe Boures, president and chief executive officer of Healthcare Solutions. We will continue to provide EMPLOYERS with the highest level of service and savings as well as develop innovative pharmacy management solutions that helps EMPLOYERS perform at levels above industry averages.
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About Healthcare Solutions
Healthcare Solutions, Inc. is the parent company of Cypress Care, Procura Management, ScripNet and Modern Medical. Through its subsidiary companies, Healthcare Solutions delivers integrated medical cost management solutions to over 800 customers in workers compensation and auto/PIP markets. The company’s clinical and technology based services include pharmacy benefit management, specialty healthcare services, PPO networks, medical bill review, case management and Medicare set aside services. Healthcare Solutions has twice been recognized as one of the fastest growing companies in Georgia by Georgia Trends magazine and has received recognition by the Technology Association of Georgia for technology innovation. Utilizing marketleading technology, Healthcare Solutions delivers demonstrated benefits and savings complemented by deep industry expertise. For more information, please visit http://www.healthcaresolutions.com.
Read the full story at http://www.prweb.com/releases/2014/09/prweb12153520.htm.
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(775) 327-2562 or firstname.lastname@example.org
Investor relations contact: Adam Prior, The Equity Group, Inc.
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About Employers Holdings, Inc.
EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See www.employers.com and www.cerity.com for coverage availability.