Sep 7, 2016
Magellan Rx Management's 2016 Specialty Summit Sets Attendance Record; Brings Together Industry Experts to Discuss Complex Pharmacy Challenges

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Rx Management, the pharmacy benefit management (PBM) division of Magellan Health (NASDAQ: MGLN) recently hosted its 13th annual Specialty Summit, an open forum where industry experts share progressive solutions for today's complex pharmacy challenges. The 2016 summit set attendance records with well over 500 attendees - a more than 42 percent increase over last year's conference - bringing together a targeted cross-section of those within the industry focused on the challenging and most costly area of spend.

"The growth of our Specialty Summit is a reflection of the rapidly evolving drug management landscape, with specialty drugs serving as the centerpiece of the national dialogue on pharmaceutical care, quality and affordability," said Adam Wiatrowski, senior vice president and general manager of Magellan Rx Management's specialty pharmacy division. "All stakeholders in the pharmaceutical value chain are looking for expert solutions that keep pace with the transformational changes in our industry, and with well over a decade as a leader in specialty drug management, Magellan Rx Management's Specialty Summit provides the perfect forum to achieve that goal."

The two-day summit is focused on participants representing health plans, states, third-party administrators, oncologists and practice managers, consultants, brokers and pharmaceutical manufacturers. "This broad perspective is essential to discussing sustainable solutions that responsibly address the rapid increase of specialty drug spend in all areas of the industry, including the member perspective, to help them lead healthier, more vibrant lives," said Wiatrowski.

Areas of focus during this year's summit included biosimilars, trends in specialty medical pharmacy, site of service challenges, oncology trends and value-based contracting strategies. Magellan Rx is finalizing the details for the 2017 Specialty Summit and will communicate the location and dates early in 2017.

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.

Magellan Health
Media Contact:
Colleen Flanagan Johnson, 860-507-1923
cefjohnson@magellanhealth.com
or
Investor Contact:
Renie Shapiro Silver, 877-645-6464
rshapiro@magellanhealth.com

Source: Magellan Health

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