CatalystRx.com Wins Best Interactive Site eHealthcare Leadership Award
November 23 2009 - 3:33PM
Business Wire
Catalyst Rx, the pharmacy benefit management (PBM) subsidiary of
Catalyst Health Solutions, Inc. (NASDAQ: CHSI), announced today
that its member-focused Web site, www.CatalystRx.com, won a
Platinum award in the Strategic Health Care Communications’ annual
eHealthcare Leadership Awards for Best Interactive Site.
“Catalyst Rx is honored to receive this recognition for our
best-in-class member Web site,” said David T. Blair, Chief
Executive Officer of Catalyst Health Solutions. “CatalystRx.com
features tools that are revolutionary in the PBM industry, and we
are very proud to win an eHealthcare Leadership Award.”
CatalystRx.com includes several interactive features designed
for member convenience and education. After completing a secure
login to assure confidentiality, members can access their specific
benefit plan information, prescription histories, explanations of
benefits (EOBs), general healthcare information on a variety of
topics and a sophisticated online drug pricing tool, Catalyst Price
& SaveSM.
The Catalyst Price & Save drug pricing tool uses proprietary
“compete and compare” technology to identify lowest-cost
pharmacies, including those offering $4 generic drug programs. In
addition, Price & Save allows Catalyst Rx members to compare
costs between brand and generic drugs, as well as savings available
with therapeutic alternatives.
“In today’s economic climate, members are looking to manage
their budgets and maximize their drug benefits more than ever,”
added Blair. “With our fully transparent member pricing tools,
along with health and prescription drug information, our members
are empowered to make educated purchase decisions and maximize
savings opportunities.”
According to Strategic Health Care Communications, more than
1,100 submissions were received for this year’s eHealthcare
Leadership Awards.
About Catalyst Health Solutions, Inc.
(www.chsi.com)
Catalyst Health Solutions, Inc. is built on strong, innovative
principles in the management of prescription drug benefits and
provides an unbiased, client-centered philosophy resulting in
industry-leading client retention rates. The Company's subsidiaries
include Catalyst Rx, a full-service pharmacy benefit manager
serving more than 6 million lives in the United States and Puerto
Rico; HospiScript Services, LLC, one of the largest providers of
pharmacy benefit management services to the hospice industry; and
Immediate Pharmaceutical Services, Inc., a fully-integrated
prescription mail service facility in Avon Lake, Ohio. The
Company's clients include self-insured employers including state
and local governments, managed care organizations, unions,
hospices, third-party administrators and individuals.
This press release may contain “forward-looking statements” as
defined in the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks and uncertainties that
might materially affect our results, particularly those risks
referred to in our Annual Report on Form 10-K for the year ended
December 31, 2008 under “Item 1A. Risk Factors.” Readers are urged
to carefully review and consider the various disclosures made in
our Annual Report on Form 10-K and our other filings with the
Securities and Exchange Commission that attempt to advise
interested parties of the risks and uncertainties that may affect
our business. Catalyst Health Solutions, Inc. does not undertake
any obligation to update forward-looking statements, whether as a
result of new information, future events, or other
developments.
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