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Kerr Drug, KDI Health Solutions and HealthTrans Collaborate to Provide Unique Pharmacy Benefits Plan

Posted on: Wednesday, 18 June 2008, 09:01 CDT

Two North Carolina companies, Kerr Drug and KDI Health Solutions, in partnership with HealthTrans, announce a new, first-of-its-kind, community-based pharmacy benefits plan, designed specifically as a solution for North Carolina employers. The patient-centric prescription benefit plan rewards employees with broader prescription benefits and best-of-class service, and employers with desired cost savings and improved workplace productivity.

Highlights of the value-based plan design include a regionally focused dispensing network, preferred pricing and incentives when filling prescriptions at a Kerr Drug pharmacy. In addition, members have access to KDI Health Solutions' statewide network of clinical pharmacists specially trained in chronic care management, combining health coaching and optimization of medication therapy.

"Because of the unique collaboration of a retail chain, a healthcare-focused company and a pharmacy benefits manager, the program allows consumers to reap more value from their pharmacy dollars, while benefiting from value-added services that better enrich the care continuum," said Anthony N. (Tony) Civello, president and CEO of Kerr Drug. "North Carolina employers and employees alike will benefit from our highly accessible, award-winning network of community-based clinical pharmacists with a decade-long track record of reducing overall healthcare costs through chronic care management, as evidenced by a consistent 4:1 return on investment."

"This flexible plan design enables employers to tailor programs to their employee population, offering maximum choices with significant co-pay incentives," said Jack McClurg, CEO of HealthTrans. "HealthTrans is pleased to provide such a cost-effective, high service offering to the North Carolina community. We understand the value of the pharmacist/patient relationship, and Kerr Drug/KDI Health Solutions have the proven service reputation to help us administer this innovative program."

About Kerr Drug

Kerr Drug is one of the most recognized and respected names in the chain drug industry. With its roots in the Carolinas and headquarters in Raleigh, Kerr Drug's strategic direction is founded in its unique ability to provide patients, the medical community, and health plans access to the most comprehensive and convenient health and wellness offering in the industry. With a mission to be the most comprehensive provider of pharmacy and related healthcare services, while continuing to be the most reliable provider of health-related and convenience items, Kerr is currently providing services that far exceed the traditional drug store mix. For more information, please visit www.kerrdrug.com.

About KDI Health Solutions

KDI Health Solutions (KHS) is a healthcare provider organization specializing in preventive and chronic care management and is a national leader in community pharmacy and worksite-based delivery of chronic disease management services. Home to an award-winning(1,2,3) network of pharmacist-providers, the mission of KHS is to optimize healthcare outcomes related to cost, quality, and access, through market leadership in the delivery of quality, innovative, community-based clinical pharmacy services. KHS pharmacists specialize in diabetes, hyperlipidemia, hypertension, asthma, chronic obstructive pulmonary disease, smoking cessation, osteoporosis, medication therapy management, and administration of vaccines. For more information, please visit www.kdihealthsolutions.com.

About HealthTrans

HealthTrans, a pharmacy benefits administrator, provides employers, third party administrators, brokers, consultants, managed care organizations (MCOs), and other payers with the tools and clinical expertise to more efficiently manage pharmacy benefit programs. HealthTrans' solutions use Web-enabled applications that provide clients with the increased flexibility to manage pharmacy network administration, benefits administration, claims processing, financial reporting, mail order/90 day at retail programs, as well as manufacturers' rebate processing and reporting. HealthTrans has always offered a transparent business model that aligns our goals with those of our clients through full-disclosure and a value-based formulary model that focuses on the lowest overall net drug spend to help them lower pharmacy costs. For more information about HealthTrans, visit its Web site at www.healthtrans.com.

(1) 2006 American Pharmacists Association Foundation Pinnacle Award for Demonstrating Quality in the Medication Use Process

(2) 2007 Outcomes Pharmaceutical Healthcare National Medication Therapy Management Provider of the Year

(3) 2008 North Carolina American Diabetes Association Provider of the Year

Source: Business Wire

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