Prime Therapeutics' Specialty Pharmacy Receives URAC Accreditation

Prime Therapeutics (Prime), a leading pharmacy benefit manager (PBM), announced today that its specialty pharmacy, Prime Therapeutics Specialty Pharmacy, has received full accreditation from URAC. URAC is a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry.

“URAC accreditation recognizes Prime’s unwavering commitment to the health and well being of its members,” said Duane Barnes, senior vice president of consumer delivery, Prime Therapeutics. “From our state-of-the-art facility to extensive member education and support, Prime Therapeutics Specialty Pharmacy assures its members that their entire experience is of the utmost superior.”

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. It made the decision to develop a Specialty Pharmacy accreditation program because it is one of the key distribution channels for pharmacy benefit management and extends URAC’s consumer protection and empowerment efforts in managed care pharmacy.

“By applying for and receiving URAC accreditation, Prime Therapeutics Specialty Pharmacy has demonstrated a commitment to quality health care,” said William Vandervennet, URAC chief operating officer. “Quality health care is crucial to our nation’s welfare and it is important to have organizations that are willing to measure themselves against national standards and undergo rigorous evaluation by an independent accrediting body.”

Prime Therapeutics Specialty Pharmacy is dedicated to making it easier for members to obtain specialty medicines and manage complex conditions, such as cancer, rheumatoid arthritis and multiple sclerosis. The specialty pharmacy, which is based in Orlando, Fla., offers a full suite of specialty pharmacy services, from care management to insurance billing to delivery of specialty medicines.

Prime holds accreditations for Pharmacy Benefit Management (2007) as well as Mail-Service Pharmacy (2012).

About URAC

URAC, an independent, nonprofit organization, is a leader in promoting health care quality through accreditation and certification programs. URAC's standards keep pace with the rapid changes in the health care system, and provide a mark of distinction for health care organizations to demonstrate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC ensures that all stakeholders are represented in setting meaningful standards for the health care industry. For more information, visit www.urac.org.

About Prime Therapeutics

Prime Therapeutics LLC (Prime) helps people get the medicine they need to feel better and live well. Prime manages pharmacy benefits for health plans, employers, and government programs including Medicare and Medicaid. The company processes claims and delivers medicine to members, offering clinical services for people with complex medical conditions. Headquartered in St. Paul, Minn., Prime serves more than 21 million* people. It is collectively owned by 13 Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those plans. Prime has been recognized as one of the fastest-growing private companies in the nation.

For more information, visit www.primetherapeutics.com or follow @Prime_PBM on Twitter.

*Effective July 1, 2013.

###

SOURCE: Prime