FOR IMMEDIATE RELEASE
Rite Aid recommits to filling workers’ compensation prescriptions through ScripNet network.
LAS VEGAS, NV – May 26, 2009, ScripNet, a nationwide pharmacy benefits manager (PBM) who contracts with workers’ compensation insurance carriers and pharmacies, announced a renewed relationship with Rite Aid, who will continue to fill prescriptions for ScripNet workers’ compensation customers.
“Rite Aid is a valuable member of ScripNet’s 49,351 nationwide pharmacy network,” said Dennis Sponer, president and CEO, ScripNet. “ScripNet and Rite Aid work closely together to ensure that injured workers receive the most appropriate medications in a timely and cost effective manner. ScripNet issues personalized pharmacy cards to injured workers who are covered by insurance carriers and self insured customers, so injured workers can go into a Rite Aid pharmacy and the pharmacist can electronically ping our point of sale network and database. We are not only able to tell the pharmacist it is a covered worker, but which drugs are most appropriate for that injured worker, based on our injury-specific formulary,” said Sponer.
ScripNet is one of the fastest growing pharmacy benefit management (PBM) companies in North America, providing PBM services to over 2,000,000 employees through pharmacies in all 50 states. ScripNet electronically processes prescription drug claims for workers’ compensation, which allows insurance carriers, large self-insured companies, municipalities, managed-care organizations, and third-party administrators to participate in better cost control and increased efficiency for pharmacists, and offers more convenience for injured workers. ScripNet offers a drug utilization review program that improves patient care, reduces fraud and abuse, and cuts administrative expense. ScripNet is a three time winner of Inc. Magazine’s annual listing of the 500 fastest growing privately held companies in the nation.
ScripNet Media Contact:
ProAmericas Marketing & Public Relations for ScripNet