ScripNet - ScripNet ranked third better Pharmacy Benefits Manager for Workers’ Compensation

ScripNet establishes industry position with growth, infrastructure, tools, and a alarm for efficiency, capability and transparency

LAS VEGAS, NV – April 15, 2008 ScripNet, a civic pharmacy account administrator (PBM) who affairs with workers’ advantage allowance carriers and pharmacies to affluence the availability of decree medications to afflicted workers, has been ranked by Business Insurance Magazine as the third better provider of Pharmacy Benefit Management casework in Workers Compensation, based on the amount of lives enrolled.

The baronial was based on a Business Insurance Survey and was appear in the March 10, 2008 copy of Business Insurance Magazine. It was appear that ScripNet had 210,000 lives enrolled and sixty-one breath clients.

“It is abundant to be accustomed in our industry as a key player,” said Dennis Sponer, admiral and CEO of ScripNet. “We accomplished cogent advance amid our founding in 1997 and 2002 if we hit the Inc 500 List as the 34th fastest growing clandestine aggregation in America. Since again we accept focused on architecture our basement and accouterment above account to our barter and partners.”

“We are ample abundant to accept accomplished economies of calibration and amount allowances from the investments that we fabricated in architecture our own arrangement of pharmacies, in creating an advice basement that supports online acceptance and real-time communications with providers and adjusters, in creating customized formularies and a Drug Utilization Review affairs that deters bribery and artifice and reduces accurate expenses. Yet we are baby abundant to accommodate alone account and abutment to our barter and pharmacy partners.”

“We are aswell ample abundant to be abrupt about key issues that affect our industry, adopting added awareness, advice and transparency. We were one of the ancient vendors to accommodate abutment for and acquiescence with the Texas Department of Insurance authorization that workers’ advantage carriers access eBilling from bloom affliction providers, which we apprehend to advance to added states.

Also accustomed by adviser - Maddy Bowling in a November 2007 Business Insurance Magazine Article “ScripNet has taken the a lot of advancing attitude adjoin the third-party billers, arguing that back ScripNet has absolute affairs with their pharmacies (unlike abounding added PBMs which alone charter acceptance to pharmacy networks), even if a accommodating pharmacy sells a covered decree to a third-party biller, the payer is alone answerable to balance that biller for the lower apprenticed aggregate originally agreed to by the pharmacy.”

“ScripNet has abutting PBM Industry bunch CompPharma, speaking out for bigger ability and capability above carrier, pharmacy and PBM industry participants through automation, advice and transparency,” said Sponer.

ScripNet Media Contact:

Mark Rieger
ProAmericas Marketing & Public Relations for ScripNet
markr@proamericas.com
303-520-4524

ScripNet is one of the fastest growing pharmacy account administration (PBM) companies in North America, accouterment PBM casework to over 2,000,000 advisers through pharmacies in all 50 states. ScripNet electronically processes decree biologic claims for workers' compensation, which allows allowance carriers, ample self-insured companies, municipalities, managed-care organizations, and third-party administrators to participate in bigger amount ascendancy and added ability for pharmacists, and offers added accessibility for afflicted workers. ScripNet offers a biologic appliance analysis affairs that improves accommodating care, reduces artifice and abuse, and cuts accurate expense. ScripNet is a three time champ of Inc. Magazine’s anniversary advertisement of the 500 fastest growing abreast captivated companies in the nation. More advice can be begin at www.scripnet.com