Minacs Receives New URAC Pharmacy Benefit Management Accreditations

TORONTO, May 23, 2012 /PRNewswire/ -- Aditya Birla Minacs, a global business solutions company (subsidiary of Aditya Birla Nuvo), announced today that it has been awarded: 1. Pharmacy Benefit Management, and 2. Workers Compensation and Property and Casualty Pharmacy Benefit Management accreditations from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry.

The Pharmacy Benefit Management standards address organizational quality, customer service, communications, disclosure of pricing policies, pharmaceutical distribution, drug utilization management, and formulary/pharmacy and therapeutics committee.

Commenting on the accreditation, Michael Iseyemi, Chief Security and Risk Officer, Aditya Birla Minacs, says, "Our new URAC accreditations demonstrate Minacs' commitment to exceeding industry standards of quality, excellence and accountability to improve business processes. We are pleased that our dedication to supporting healthcare industry companies through exceptional customer service and quality has been recognized by URAC. The accreditations put Minacs in the league of industry-leading providers in the fast growing healthcare vertical."

URAC's accreditation process for Pharmacy Benefit Management includes an application and evaluation process, a rigorous on-site evaluation and assessment by a URAC accreditation team, and review and consideration for accreditation by URAC's Accreditation Committee.

Alan P. Spielman, URAC president and CEO, says, "We applaud Aditya Birla Minacs on achieving Pharmacy Benefit Management accreditations. In today's healthcare market, URAC accreditation provides a mark of distinction for organizations to demonstrate their commitment to quality health care."

About Aditya Birla Minacs Worldwide Ltd.

Aditya Birla Minacs is a leading business solutions company that partners with global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare and public sectors. We leverage years of process, domain and technology expertise to deliver superior business value to clients with our seamless Customer Lifecycle, Marketing, Finance and Accounting, Procurement and IT solutions and services. 20,500 Minacs experts across 3 continents and 36 centers spanning Canada, Germany, Hungary, India, Jamaica, Philippines, the UK and USA power our solutions through a global delivery model that helps our clients enhance revenues, profitability and customer service.Visit www.minacs.adityabirla.com for more information.

About URAC

URAC, an independent, nonprofit organization, is well-known as a leader in promoting health care quality through its accreditation and certification programs. URAC offers a wide range of quality benchmarking programs and services that keep pace with the rapid changes in the health care system, and provide a symbol of excellence for organizations to validate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC strives to ensure that all stakeholders are represented in establishing meaningful quality measures for the entire health care industry. For more information, visit www.urac.org.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the regulators in India and to our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For further information, please contact:
Joanne Morrison
Email: [email protected]

SOURCE Aditya Birla Minacs