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Express Scripts Named Winner in URAC's Best Practices in Consumer Empowerment and Protection Awards.


ST. LOUIS -- URAC URAC Utilization Review Accreditation Commission (health care accreditation & certification)
URAC University Recreation & Aquatic Centre Ltd (Australia)
URAC Union Regional de Apoyo Campesino
, an independent health accreditation and education organization, has selected Express Scripts as one of three pharmacy benefit managers honored in the first-ever nationwide competition recognizing health management programs that empower and protect consumers.

Express Scripts was recognized for "Express Scripts Generics Today," a consumer campaign designed to advance the opportunity for patients and plan sponsors to save millions of dollars in 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,  spend without sacrificing the quality of care.

"Generics Today is an innovative consumer-education outreach effort. Generics Today informs patients and enables them to take advantage of unprecedented savings opportunities associated with 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.
 changes," explains Ed Weisbart, Express Scripts' chief medical officer, medical affairs. Express Scripts was able to minimize disruption while informing patients about cost effective alternative medications, provide members with personalized information regarding specific alternatives and opportunities, and assist patients of Express Scripts Home Delivery Pharmacy with moving to preferred alternative medications. New research evaluating the campaign, which generated over $600 million in savings, found that Express Scripts communications program Software that manages the transmission of data between computers, typically via modem and the serial port. Such programs were very popular for connecting to BBSs before the Internet took off.  was nearly two or three times more effective than financial incentives alone.

In all, URAC honored 22 winners for excellence among entries from health care management, health information technology; health plan and pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims.  organizations. Programs were selected as winners for their ability to measurably demonstrate an impact on consumer empowerment and/or protection, as well as their potential for wide-spread implementation of the program by other organizations.

The awards were presented during URAC's Best Practices in Consumer Empowerment and Protection Conference in Orlando Florida. During the conference, award finalists presented their model programs to attendees so these best practices can be duplicated in communities across the country.

"A Best Practices Award is a strong signal to the marketplace that an organization places a premium on consumer protection and empowerment," said Alan P. Spielman, URAC's 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. .

URAC, an independent, nonprofit organization Nonprofit Organization

An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.

Notes:
Examples of non-profit organizations are charities, hospitals and schools.
, is well-known as a leader in promoting health care quality through its accreditation and education programs. URAC offers a wide range of quality benchmarking programs and services that keep pace with the rapid changes in the health care system, and provide a symbol of excellence for organizations to validate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC ensures that all stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 are represented in establishing meaningful quality measures for the entire health care industry. For more information, visit www.urac.org.

Express Scripts, Inc. (Nasdaq: ESRX) is one of the largest pharmacy benefit management (PBM PBM - play by mail. See play by electronic mail. ) companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , providing PBM services to 55 million patients through facilities in 13 states and Canada. Express Scripts serves thousands of client groups, including managed-care organizations, insurance carriers, third-party administrators, employers and union-sponsored benefit plans. Express Scripts is headquartered in St. Louis, Missouri. More information can be found at http://www.express-scripts.com.
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Publication:Business Wire
Date:Apr 8, 2008
Words:471
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