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Last updated on April 19, 2014 at 13:20 EDT

Latest Prime Therapeutics Stories

2012-05-22 10:24:34

ST. PAUL, Minn., May 22, 2012 /PRNewswire/ -- Prime Therapeutics (Prime), a leading pharmacy benefit manager, announced today that it has hired Jim DuCharme as chief financial officer (CFO). DuCharme will lead Prime's finance operations and further build the company's foundation for continued growth. "Jim brings deep health plan expertise and a proven track record of driving business performance within diverse health plans, including Blue Cross and Blue Shield plans," said Eric Elliott,...

2012-04-20 02:22:33

SAN FRANCISCO, April 20, 2012 /PRNewswire/ -- Health insurers should use both medical and pharmacy data to forecast specialty medication utilization and improve outcomes for members, according to a new study by pharmacy benefit manager Prime Therapeutics (Prime). The study will be presented today at the Academy of Managed Care Pharmacy (AMCP)'s 24th Annual Meeting & Expo in San Francisco. Pharmacy benefit managers (PBMs) have experienced a rapid rise in expensive specialty prescription...

2012-04-19 06:27:21

SAN FRANCISCO, April 19, 2012 /PRNewswire/ -- Generic drug discount programs that require membership and provide the medication through an unadjudicated cash transaction may result in incomplete pharmacy benefit manager (PBM) and health plan data, according to a new study by Prime Therapeutics (Prime), a leading PBM. Such programs may result in a small but significant effect on PBM reporting and clinical programs such as tracking patient drug adherence and managing patient therapy. The study...

2012-04-19 02:29:40

SAN FRANCISCO, April 19, 2012 /PRNewswire/ -- Utilization management (UM) programs such as prior authorizations (PAs) can be used to improve safety and efficacy as well as cost-effectiveness for specialty drugs, according to two new studies being presented tomorrow by Prime Therapeutics (Prime), a leading pharmacy benefit manager (PBM), at the Academy of Managed Care Pharmacy (AMCP)'s 24th Annual Meeting & Expo in San Francisco. PAs require members meet certain criteria before particular...

2012-03-30 02:23:36

WOONSOCKET, R.I., March 30, 2012 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) today outlined succession plans for its PBM business. During the company's Analyst meeting this past December, Per Lofberg announced his intention to extend his employment agreement with CVS Caremark through December 2013. Today the company announced that Jon Roberts, EVP and Chief Operating Officer of the PBM, will assume the role of President of the PBM business effective September 1, 2012 and will...

2012-03-07 13:00:00

ST. PAUL, Minn., March 7, 2012 /PRNewswire/ -- Prime Therapeutics (Prime), a leading pharmacy benefit manager (PBM), and EMD Serono, Inc., a leader in the U.S. biopharmaceutical market and subsidiary of Merck KGaA, Darmstadt, Germany, have entered into an agreement bringing the first outcomes-based rebate contract for a multiple sclerosis (MS) drug to Prime's CareCentered Contracting program. As an integrated PBM with its health plan clients, Prime is uniquely positioned to ensure members are...

2012-03-07 11:27:00

WOONSOCKET, R.I., March 7, 2012 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved a quarterly dividend of $0.1625 (16.25 cents) per share on the Common Stock of the Corporation, payable May 3, 2012, to holders of record on April 23, 2012. (Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO ) About CVS Caremark CVS Caremark is the largest pharmacy health care provider in the United States with integrated offerings across...

2012-03-01 11:00:00

WOONSOCKET, R.I., March 1, 2012 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) today announced that Per Lofberg, executive vice president and president of CVS Caremark Pharmacy Services and Dave Denton, executive vice president and chief financial officer of CVS Caremark Corporation, will be speaking at the Barclays Global Healthcare Conference on March 13, 2012, at approximately 9:00 a.m. (EDT). (Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO ) An audio...

2012-02-08 13:00:00

FORT LAUDERDALE, Fla., Feb. 8, 2012 /PRNewswire/ -- Attendees at the 2012 Pharmaceutical Care Management Association (PCMA)'s Managed Markets Educational Forum yesterday heard Prime Therapeutics President and CEO Eric Elliott speak about the dynamic changes facing pharmaceutical companies and pharmacy benefit managers entering the post-reform health care space, including the high increase in the number of chronically ill, soaring costs from the rapid rise of specialty medications and...

2012-01-09 11:17:00

Enrollment in "five star" plan available throughout 2012 EAGAN, Minn., Jan. 9, 2012 /PRNewswire-USNewswire/ -- Medicare's open enrollment period ended on December 7, 2011, but those who are eligible for coverage can still enroll in Blue Cross Blue Shield of Minnesota's MedicareBlue(SM) Rx prescription drug plan throughout 2012. MedicareBlue Rx is the only prescription drug plan in Minnesota and one of just four Part D plans in the country to receive the top rating of five stars...