Catalyst Rx Receives Top Marks in Industry-Benchmark Survey
February 03 2010 - 2:00PM
Business Wire
Catalyst Rx, the pharmacy benefit management (PBM) subsidiary of
Catalyst Health Solutions, Inc. (NASDAQ: CHSI), announced today
that it received top client recognition in the 2009 Pharmacy
Benefit Management Institute (PBMI) PBM Customer Satisfaction
Report. PBMI independently conducts this annual client survey
across the PBM industry to benchmark performance on overall
customer satisfaction.
“The outstanding results reflect Catalyst Rx’s ability to
identify the unique needs of our clients and deliver the most care-
and cost-effective solutions,” said David T. Blair, Chief Executive
Officer of Catalyst Health Solutions. “We thank our valued clients
who participated in this survey.”
Catalyst Rx received top scoring in the category of “Delivering
Promised Services,” as well as exemplary client satisfaction scores
in the categories of “Overall Service & Performance” and
“Delivering Promised Savings.”
About Pharmacy Benefit Management Institute
(www.pbmi.com)
The mission of the Pharmacy Benefit Management Institute (PBMI)
is to create the industry's premier forum for health care
purchasers to exchange ideas, advance best practices, and drive
appropriate changes in the pharmacy benefit management marketplace.
PBMI achieves its mission through a broad-based education and
research agenda driven by the needs of its members. The
organization views industry participants and vendors as essential
partners in developing and promoting innovation in the marketplace.
PBMI has been a valued resource to health care purchasers, pharmacy
benefit managers, and other industry professionals involved in the
delivery of drug benefits since 1995.
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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