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Argus Honored by Flaspohler Research Group as Highest-Rated PBM for ‘No Conflicts of Interest’

April 2, 2009

KANSAS CITY, Mo., April 2 /PRNewswire-FirstCall/ — Argus Health Systems, Inc., a leading provider of pharmacy benefit administration services, has received an award from the Flaspohler Research Group as the highest-rated pharmacy benefit manager (PBM) for “No Conflicts of Interest” in the 2008 PBM Survey of MCOs and Self-Insureds.

To receive the award, Argus was ranked by survey participants based on specific attributes, including not competing with customers for carve-out pharmacy business and independence from pharmaceutical manufacturers or pharmacy chain ownership. This is the second year Argus has received the highest ranking in the No Conflicts of Interest category. “Argus is proud to receive this award, which recognizes our commitment to transparency and full disclosure,” said Michael J. Huffer, R.Ph., senior vice president of sales & marketing.

More than 250 people from 240 managed care organizations (MCOs) and self-insureds participated in the annual survey which rates PBMs based on nine categories. Argus has participated in the survey each year since its launch in 2000. This is the first year the Flaspohler Research Group has honored the highest rated PBM in each category.

About Argus Health Systems, Inc.

Incorporated in 1983, Argus processed almost 600 million pharmacy claims in 2008. Since inception Argus has evolved to meet the changing demands of health care, expanding its offerings to provide a complete range of products and services, including commercial, Medicaid and Medicare Part D.

Headquartered in Kansas City, Mo., Argus is a wholly owned subsidiary of DST Systems, Inc., the largest provider of third-party shareholder recordkeeping services in the United States.

About Flaspohler Research Group, Inc.

Flaspohler Research Group, Inc., (www.frsurveys.com) was founded in 1983 and has conducted surveys in 95 countries and a dozen languages. The company offers unique expertise in B2B, and is widely recognized for its work in the PBM industry, as well as in accounting, corporate real estate, engineering, law, insurance and reinsurance.

SOURCE DST Health Solutions


Source: newswire



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