Blue Cross and Blue Shield of Oklahoma Selects Prime Therapeutics for Pharmacy Benefit Solution.Business Editors/Health/Medical Writers ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn.--(BUSINESS WIRE)--Oct. 6, 2003 Prime Therapeutics adds 250,000 lives to its Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. customer base Prime Therapeutics, Inc., a national pharmacy benefits solutions company, has been selected by Blue Cross and Blue Shield of Oklahoma to provide pharmacy health care services to its members. The multi-year service contract, which goes into effect Jan. 1, includes the provision of prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, benefits for approximately 250,000 Blue Cross and Blue Shield of Oklahoma members. Pharmacy benefit services covered by the agreement include formulary formulary /for·mu·lary/ (for´mu-lar?e) a collection of recipes, formulas, and prescriptions. National Formulary see under N. for·mu·lar·y n. management, manufacturer contracting, national pharmacy network management, and utilization management Utilization management is the evaluation of the appropriateness, medical need and efficiency of health care services procedures and facilities according to established criteria or guidelines and under the provisions of an applicable health benefits plan. . "We look forward to a successful partnership," said Tim Dickman, president 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 Prime Therapeutics, "one that is built on trust and aligned incentives to achieve Blue Cross and Blue Shield of Oklahoma's cost management and quality of care goals." About Prime Therapeutics Prime Therapeutics, Inc. is a pharmacy benefits management company dedicated to providing innovative, clinically based, cost-effective pharmacy solutions for its clients and their members. Providing services nationwide to approximately nine million covered lives, its client base includes several Blue Cross and Blue Shield plans, employers, union groups and third-party administrators. Founded in 1987 and headquartered in St. Paul, Prime Therapeutics is collectively owned by several Blue Cross and Blue Shield plans, subsidiaries or affiliates of those plans. Learn more at www.primetherapeutics.com. |
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