Designation demonstrates the highest level of commitment to quality healthcare
"This accreditation underscores Magellan Rx Management's commitment to
administering clients' benefits in accordance with industry best
practices and standards, and with their members' best interest in mind,"
said
"URAC accreditation shows that Magellan Rx Management is a pharmacy benefit management organization able to adhere to standards that cover important aspects of care such as claims processing, developing proper drug formulary, and consumer access," said URAC president and CEO Kylanne Green. "Quality policies and procedures are paramount as the price and complexity of medications rise. Magellan Rx Management chose to demonstrate their performance through URAC's independent accreditation of their services."
In addition to Pharmacy Benefits Management, Magellan Rx Management is
also URAC-accredited for Health Utilization Management, as well as
Magellan Rx Management is a full-service PBM that specializes in solving
complex pharmacy challenges for its customers by developing and
executing smart solutions that leverage industry-leading experience and
technology to improve quality and costs across the employer, third-party
administrator, broker, managed care, government,
About Magellan Health:
About URAC: Founded in 1990, URAC is the independent leader in promoting healthcare quality through accreditation, certification and measurement. URAC is a nonprofit organization developing evidence-based measures and standards through inclusive engagement with a range of stakeholders committed to improving the quality of healthcare. Our portfolio of accreditation and certification programs span the healthcare industry, addressing healthcare management, healthcare operations, health plans, pharmacies, telehealth providers, physician practices, and more. URAC accreditation is a symbol of excellence for organizations to showcase their validated commitment to quality and accountability.
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Media Contact:
cefjohnson@magellanhealth.com
or
Investor
Contact:
jbogdan@magellanhealth.com
Source:
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