RxAdvance Names Terry Ramey to Management Team

RxAdvance expanded its executive management team with another industry veteran, Terry A. Ramey, who joins as Executive Vice President, Business Development and Client Engagement.

According to a release from the company, Terry A. Ramey, Executive Vice President, Business Development and Client Engagement, is responsible for all RxAdvance's Sales and client relationship management. In addition, he will be instrumental in continuing to build upon RxAdvance's strategic alliances to meet the evolving needs of the healthcare market place.

Ramey brings over 25 years of leadership experience improving business results through effective collaboration with customers and strategic partners to streamline operations and improve service delivery. His track record of successful business development and process improvement spans all aspects of the Healthcare industry including Pharmacy Benefit Management, Medical, Vision, Behavioral, Health Services, Life and Retail Services with business models ranging from start-up to national corporations.

"The PBM industry is known for 'business as usual' and has been challenged to bring real value to plan sponsors. The PBM space is filled with multiple, fragmented, inflexible, and homegrown legacy systems that are expensive to operate and unable to provide desired outcomes at the point of care and point of sale," says Ravi Ika, Founder and CEO of RxAdvance. Ika adds, "Healthcare reform adds additional pressure on the plan sponsor's PBM to demonstrate effective prescription benefit management through reduced adverse drug effects, better medication therapy management, improved prescription adherence, reduced fraud and abuse, increased usage of generics, and optimal usage of specialty medications. Such value- added services require us to think outside the box and achieve the highest degree of sophistication within RxAdvance." Ika says, "Terry brings such extensive experience in innovative business process re- engineering and a game changing approach to collaborative customer engagement."

More information and complete details:

www.rxadvance.com

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