Catalyst Rx, the pharmacy benefit management (PBM) subsidiary of Catalyst Health Solutions, Inc. (NASDAQ: CHSI), today announced the introduction of Catalyst Rx MobileSM, a mobile platform that uses the latest technology to securely streamline plan, member and claims information to improve medication adherence and reduce healthcare costs for members.

Catalyst Rx Mobile serves as a trusted advisor, placing valuable information at members’ fingertips to empower them to make better health and cost-related decisions and simplify their lives. Highlights of the tool include:

  • Catalyst Price & SaveSM - Award-winning drug pricing technology saves money for members and plan sponsors by identifying lowest-cost pharmacy options and generic alternatives.
  • Therapeutic Advantage - Proprietary drug equivalency technology allows members to compare prices across lower cost therapeutic alternatives when a generic equivalent is not available.
  • Prescription History Lookup - Enhances communication between the member and their physicians, family members and pharmacists, improving safety and eliminating gaps in care.
  • Drug Dictionary - Drug look up tool provides information on common uses of medications, how to take them, possible side effects, and more. Improves member awareness and safety.
  • Find pharmacies - Conveniently searches Catalyst‘s network of more than 60,000 pharmacies, pinpoints nearest locations and provides driving directions, phone numbers and more.

“Catalyst Rx Mobile reflects our commitment to deliver innovative solutions that improve care while lowering costs for our members,” stated David T. Blair, Chief Executive Officer of Catalyst. “Through our state-of-the-art mobile and web technology and other Generic Advantage Plan initiatives, our goal is to drive generic utilization to more than 80 percent while improving drug adherence.”

Catalyst Rx Mobile is a key element of Catalyst’s Generic Advantage Plan, developed after more than a year of consultation with experts in the areas of pharmacy, behavioral psychology and technology, including mobile health technology company, LiveRx, Inc. On average, clients who participated in the Generic Advantage Plan pilot program increased generic utilization by ten percentage points and decreased plan costs by 16 percent across targeted drug categories within the first year of initiating the plan.

Catalyst Rx members can access Catalyst Rx Mobile free of charge on a variety of mobile devices by visiting catalystrx.com, or by downloading a free app for iPhone, iPod Touch, iPad and Android devices. Catalyst Rx plans to launch an app for Blackberry soon.

About Catalyst Health Solutions, Inc. (www.chsi.com)

Catalyst Health Solutions, Inc., the fastest growing national PBM in the U.S., 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 (PBM) serving more than 7 million lives in the United States and Puerto Rico; HospiScript Services, LLC, one of the largest providers of PBM services to the hospice industry; FutureScripts, LLC, a full-service PBM serving approximately one million lives in the mid-Atlantic region, 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, 2010, 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, our Forms 10-Q, 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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