Friday, March 11, 2011

Walgreens Sells Health Initiatives Home Care Path

Walgreens has sold the pharmacy benefits management business known as Walgreens Health Initiatives to Catalyst Health Solutions. Walgreens Health Initiatives was started in 1991 when Walgreens decided to expand services provided by its mail service division.

Walgreens Health Initiatives provided a managed care approach to large organizations for the purpose of lowering health insurance costs. Walgreens Health Initiative would provide formulary design, disease management programs, and customized mail order services to achieve cost savings for the large organization.

Pharmacy benefit coordinators manage prescription drug plans for large organizations and plan participants. The service purchased is cost savings for large organizations and the individual plan participants. Making lower cost generic medications available and facilitating 90 day refills are two money saving strategies.

Walgreens has sold Walgreens Health Initiatives to Catalyst Health Solutions Incorporated of Rockville, Md. This will free Walgreens to focus on enhancing point of service transactions in the 7,700 nation wide drug store locations.

Home Care Path www.homecarepath.com coordinates elder home care assistants in the Baraboo Wisconsin area.

1 comment:

  1. All the Texas Health Insurance policies protect people from hospitalization bills. However, besides the cost of hospitalization, people need to find out money for food or refreshment when a person is hospitalised.

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