SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
Magellan Rx Management, the pharmacy benefit management (PBM) division
Health, Inc. (NASDAQ: MGLN), announced today that it has been
selected as a preferred provider in Mercer's Rx Options, a pharmacy
collective program for plan sponsors with 50 to 1,500 employees. Rx
Options enables plan sponsors to select preferred PBMs to provide a full
suite of plan management and clinical programs, account management and
comprehensive pharmacy solutions.
"Mercer's selection of Magellan Rx Management as a preferred provider
for their Rx Options collaborative underscores the desire in the
marketplace for a full service PBM that delivers differentiated value to
payers. Our PBM services extend well-beyond providing unit cost
discounts, with a relentless focus on better outcomes and improved
overall patient care," said Matthew Ward, senior vice president and
general manager of Magellan Rx Management's employer market. "We are
appreciative of Mercer's selection of our PBM, and look forward to
working with their customers to generate better clinical outcomes and
lower costs, while improving the lives of the people we serve."
"The pharmacy benefit management landscape continues to evolve, driven
by advancements in technology, science and the ever-changing regulatory
environment. With this, it is more critical than ever to innovate and
offer new solutions to our clients. After a thorough review of their
services, capabilities and cost management tools, it is my feeling that
Magellan will provide a nice additional choice for Mercer clients to
consider under the Rx Options program and I am pleased to have them on
board," said Jim Gorman, principal and national mid-market pharmacy
leader at Mercer.
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 exceed expectations for employer, third-party
administrator, managed care and government customers, across commercial,
Medicaid and Medicare lines of business. A pioneer in medical specialty
pharmacy management and a leader in best-in-class formulary optimization
programs, Magellan Rx Management delivers consistent, proven cost
savings. As clinical experts, Magellan Rx Management delivers customized
programs to address clients' most pressing clinical challenges, drive
Star ratings improvements and engage patients and providers to deliver
improved health outcomes.
About Magellan Health: Headquartered in Scottsdale, Ariz., Magellan
Health, Inc. is a leader in managing the fastest growing, most
complex areas of health, including special populations, complete
pharmacy benefits and other specialty areas of healthcare. Magellan
develops innovative solutions that combine advanced analytics, agile
technology and clinical excellence to drive better decision making,
positively impact health outcomes and optimize the cost of care for the
members we serve — all within a customer-first culture. Magellan's
customers include health plans and other managed care organizations,
employers, labor unions, various military and governmental agencies and
third-party administrators. For more information, visit MagellanHealth.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160408005656/en/
Magellan Health, Inc.
Renie Shapiro Silver, 877-645-6464
Source: Magellan Health, Inc.
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