Ancillary Care Management Presents at 60th Annual Piper Jaffray Healthcare Conference.Business Editors LOS ANGELES--(BUSINESS WIRE)--Jan. 27, 2004 Specialty Pharmaceuticals Attract Attention From Health Plans and PBMs as Key to Managing Drug Costs David Willcutts, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ancillary Care Management (ACM (Association for Computing Machinery, New York, www.acm.org) A membership organization founded in 1947 dedicated to advancing the arts and sciences of information processing. In addition to awards and publications, ACM also maintains special interest groups (SIGs) in the computer field. ), the nation's leading specialty and infusion benefits management company, will present at 12:30 p.m. today at the 60th Annual Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Health Care Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . In his presentation, Willcutts will provide an overview of the ancillary care sector and ACM, including the company's continued growth and strategic partnership with PBM PBM - play by mail. See play by electronic mail. leader MedcoHealth, to provide comprehensive specialty pharmaceutical benefits management services. Specialty and infused drug costs are rapidly rising, due in part to the introduction of new high-cost biologics and an increase in the number of patients taking these drugs. "Market pressures have created a sense of urgency among health plans and PBMs to better understand all their drug costs including infused and specialty drugs and how to factor them into a strategic drug cost management strategy," said Willcutts. "For nearly ten years, ACM has been at the forefront of helping payers adopt efficient approaches that improve care and reduce costs related to specialty drugs. This year promises to be a busy year for us as more payers focus on this area of their business." In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , spending on specialty biologics is estimated at $18 billion and projected to grow to $40 billion by 2010. About ACM ACM is the nation's leading specialty pharmacy and infusion benefits management company focused on improving patient care and reducing costs related to services provided in an ancillary care setting, defined as the home, doctor's office or other non-hospital environment. Founded in 1995, the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. contracts with health plans nationwide, serving more than 18 million covered lives. ACM applies paperless automation to the traditional paper-based systems used by payers and providers when managing these benefits. ACM is based in Los Angeles and links payers, providers, clinicians, allied health professionals, suppliers and patients through its Web site, which offers a progressive suite of applications that manage all aspects of ancillary care. More information can be found on the Web at www.acmcentral.com. |
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