ScripNet Names New VP of Sales

Las Vegas (December 12, 2005) Inc. Magazine’s 22nd ranked fastest growing private company in 2004 announces the appointment of Gary Daly as Vice President of Sales. ScripNet, a Las Vegas-based pharmacy benefit management company, represents nearly 40,000 pharmacies in all 50 states.
Prior to joining ScripNet, Daly served as a Vice President of Genex Services where he was responsible for operations and sales management in 13 western states. During the course of his 26-year career in health care management, Daly has worked in sales with national companies such as Intracorp and Learning Services.

Daly holds a Bachelor of Science degree in special education from the State University of New York at Geneseo. He holds a Master of Arts degree in rehabilitation counseling from the University of Northern Colorado.

Insurance carriers, large self-insured companies, and municipalities nationwide enlist ScripNet to process prescription drug claims for workers’ compensation. The firm negotiates discounted rates because it does everything electronically, and guarantees payment to pharmacies in 30 days. “It’s great for ScripNet when people talk about how expensive prescription drugs are,” says CEO Dennis Sponer, “because we save our clients a lot of money.”

ScripNet, a three time winner of Inc. Magazine’s annual listing of the 500 fastest growing privately held companies in the nation holds proprietary software that allows pharmacies to bill insurance carriers. Insurance carriers, large self-insured companies, and municipalities nationwide enlist ScripNet to process prescription drug claims for workers’ compensation. ScripNet can be found on the web at www.scripnet.com.