ROCKVILLE, Md.--(BUSINESS WIRE)--
Catalyst Rx, the pharmacy benefit management (PBM) subsidiary of
Catalyst Health Solutions, Inc. (NASDAQ: CHSI), announced today that its
member-focused Web site, www.CatalystRx.com,
won a Platinum award in the Strategic Health Care Communications’ annual
eHealthcare Leadership Awards for Best Interactive Site.
“Catalyst Rx is honored to receive this recognition for our
best-in-class member Web site,†said David T. Blair, Chief Executive
Officer of Catalyst Health Solutions. “CatalystRx.com features tools
that are revolutionary in the PBM industry, and we are very proud to win
an eHealthcare Leadership Award.â€
CatalystRx.com includes several interactive features designed for member
convenience and education. After completing a secure login to assure
confidentiality, members can access their specific benefit plan
information, prescription histories, explanations of benefits (EOBs),
general healthcare information on a variety of topics and a
sophisticated online drug pricing tool, Catalyst Price & SaveSM.
The Catalyst Price & Save drug pricing tool uses proprietary
“compete and compare†technology to identify lowest-cost pharmacies,
including those offering $4 generic drug programs. In addition, Price
& Save allows Catalyst Rx members to compare costs between brand
and generic drugs, as well as savings available with therapeutic
alternatives.
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“In today’s economic climate, members are looking to manage their
budgets and maximize their drug benefits more than ever,†added Blair.
“With our fully transparent member pricing tools, along with health and
prescription drug information, our members are empowered to make
educated purchase decisions and maximize savings opportunities.â€
According to Strategic Health Care Communications, more than 1,100
submissions were received for this year’s eHealthcare Leadership Awards.
About Catalyst Health Solutions, Inc. (www.chsi.com)
Catalyst Health Solutions, Inc. is built on strong, innovative
principles in the management of prescription drug benefits and provides
an unbiased, client-centered philosophy resulting in industry-leading
client retention rates. The Company's subsidiaries include Catalyst Rx,
a full-service pharmacy benefit manager serving more than 6 million
lives in the United States and Puerto Rico; HospiScript Services, LLC,
one of the largest providers of pharmacy benefit management services to
the hospice industry; and Immediate Pharmaceutical Services, Inc., a
fully-integrated prescription mail service facility in Avon Lake, Ohio.
The Company's clients include self-insured employers including state and
local governments, managed care organizations, unions, hospices,
third-party administrators and individuals.
This press release may contain “forward-looking statements†as defined
in the Private Securities Litigation Reform Act of 1995. These
statements involve a number of risks and uncertainties that might
materially affect our results, particularly those risks referred to in
our Annual Report on Form 10-K for the year ended December 31, 2008
under “Item 1A. Risk Factors.†Readers are urged to carefully review and
consider the various disclosures made in our Annual Report on Form 10-K
and our other filings with the Securities and Exchange Commission that
attempt to advise interested parties of the risks and uncertainties that
may affect our business. Catalyst Health Solutions, Inc. does not
undertake any obligation to update forward-looking statements, whether
as a result of new information, future events, or other developments.
Catalyst Health Solutions, Inc.
Hai Tran,
301-548-2900
htran@chsi.com
Source: Catalyst Health Solutions, Inc.