Express Scripts Named Winner in URAC's Best Practices in Consumer Empowerment and Protection Awards
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URAC, an independent health accreditation and education organization,
has selected Express Scripts as one of three pharmacy benefit managers
honored in the first-ever nationwide competition recognizing health
management programs that empower and protect consumers.
Express Scripts was recognized for "Express
Scripts Generics Today,” a consumer campaign
designed to advance the opportunity for patients and plan sponsors to
save millions of dollars in prescription drug spend without sacrificing
the quality of care.
"Generics Today is an innovative
consumer-education outreach effort. Generics Today informs patients and
enables them to take advantage of unprecedented savings opportunities
associated with formulary changes,” explains
Ed Weisbart, Express Scripts’ chief medical
officer, medical affairs. Express Scripts was able to minimize
disruption while informing patients about cost effective alternative
medications, provide members with personalized information regarding
specific alternatives and opportunities, and assist patients of Express
Scripts Home Delivery Pharmacy with moving to preferred alternative
medications. New research evaluating the campaign, which generated over
$600 million in savings, found that Express Scripts communications
program was nearly two or three times more effective than financial
incentives alone.
In all, URAC honored 22 winners for excellence among entries from health
care management, health information technology; health plan and pharmacy
benefit management organizations. Programs were selected as winners for
their ability to measurably demonstrate an impact on consumer
empowerment and/or protection, as well as their potential for
wide-spread implementation of the program by other organizations.
The awards were presented during URAC’s Best
Practices in Consumer Empowerment and Protection Conference in Orlando
Florida. During the conference, award finalists presented their model
programs to attendees so these best practices can be duplicated in
communities across the country.
"A Best Practices Award is a strong signal to
the marketplace that an organization places a premium on consumer
protection and empowerment,” said Alan P.
Spielman, URAC’s president and CEO.
URAC, an independent, nonprofit organization, is well-known as a leader
in promoting health care quality through its accreditation and education
programs. URAC offers a wide range of quality benchmarking programs and
services that keep pace with the rapid changes in the health care
system, and provide a symbol of excellence for organizations to validate
their commitment to quality and accountability. Through its broad-based
governance structure and an inclusive standards development process,
URAC ensures that all stakeholders are represented in establishing
meaningful quality measures for the entire health care industry. For
more information, visit www.urac.org.
Express Scripts, Inc. (Nasdaq: ESRX) is one of the largest pharmacy
benefit management (PBM) companies in North America, providing PBM
services to 55 million patients through facilities in 13 states and
Canada. Express Scripts serves thousands of client groups, including
managed-care organizations, insurance carriers, third-party
administrators, employers and union-sponsored benefit plans. Express
Scripts is headquartered in St. Louis, Missouri. More information can be
found at http://www.express-scripts.com.