Navigation Links
Caremark Pharmacy Services Receives New URAC Pharmacy Benefit Management and Drug Therapy Management Accreditations
Date:10/3/2007

WOONSOCKET, R.I., Oct. 3 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) announced today that its pharmacy benefit management division, Caremark Pharmacy Services, has received accreditation from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry. Caremark Pharmacy Services received accreditation in two new categories: Pharmacy Benefit Management and Drug Therapy Management. These are the first voluntary accreditations developed for the industry.

"Our new URAC accreditations demonstrate Caremark's continued commitment to not only meeting our industry's standards, but also to exceeding them," said Howard McLure, President, Caremark Pharmacy Services. "We are pleased that our dedication to patient care, customer service and overall quality has been recognized by URAC, and we look forward to identifying new ways to further our standards of excellence as we move ahead."

"By applying for and receiving Pharmacy Benefit Management and Drug Therapy Management Accreditation, Caremark has demonstrated a commitment to quality health care," said Alan P. Spielman, URAC President and CEO. "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."

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. URAC's Drug Therapy Management Accreditation standards, developed concurrently with the Pharmacy Benefit Management standards, are designed to help organizations drive appropriate therapeutic outcomes for consumers with a clear focus on a patient safety, outcomes measurement and quality improvement.

URAC's accreditation process for both Pharmacy Benefit Management and Drug Therapy 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.

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 http://www.urac.org.

About CVS Caremark

CVS Caremark is the largest provider of prescriptions and related healthcare services in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of healthcare services in the U.S. The Company is uniquely positioned to effectively manage costs and improve healthcare outcomes through its 6,200 CVS/pharmacy stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations portion of the Company's website, at http://investor.cvs.com , as well as through the pressroom portion of the Company's website, at http://www.cvs.com/pressroom.

Contact: Carolyn Castel

(401) 770-5717

ccastel@cvs.com


'/>"/>
SOURCE CVS Caremark Corporation
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. A success for the Indian pharmacy: gets licence to manufacture Tamiflu
2. Morning-After Pill At The Local Pharmacy Could Prevent Unwanted Pregnancies
3. Pharmacy Board Says Pharmacists Have Right To Refuse Morning-After Pill
4. Pharmacy Care Program Can Increase Medication Adherence in Elderly
5. Karnataka Pharmacy Gets Licence to Produce Medicines from White Arecanut
6. California Pharmacy Chain Provides Services to Hispanic Community
7. Support Services found to Dramatically Impact Pediatric Health Care
8. Mental Health Services for Children
9. London Emergency Services Receive Wide Appreciation
10. Health and Human Services stockpiles 20 million bird flu Vaccines
11. Reliance Infocomm Tied With Apollo To Provide Telemedicine Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ProVest Insurance Group, a ... Miami, and Raleigh regions, is organizing an extended charity drive to benefit the ... chromosome abnormality. , After struggling since birth with several health challenges, T.J. was ...
(Date:10/13/2017)... ... October 13, 2017 , ... The International Association of Eating ... excellence for the field of eating disorders, announces the opening of early registration ... Orlando, Florida at the Omni Resort at ChampionsGate. , The annual ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that covers care ... have a waiver for care if the client has a cognitive impairment diagnosis. ... for care, is often waived, so the benefits from their insurance start immediately,” said ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob ... sciatica in a new episode of "Success Files," which is an award-winning educational ... and investigates each subject in-depth with passion and integrity. , Sciatica occurs when ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 ... characterized by frequent cessation in breathing. Oral appliances can offer significant relief to ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... AMSTERDAM , Sept. 25, 2017   ... Trial Master File solutions, today—from the IQPC Trial ... Amsterdam , NL)—announced that EastHORN Clinical Services ... its clinical programs and TMF management. EastHORN, a ... Montrium,s eTMF platform to increase transparency to enable ...
(Date:9/22/2017)... , Sept. 22, 2017  As the latest ... Senators Bill Cassidy (R-LA) and Lindsey ... notes that the medical device industry is in an ... device tax, the 2.3% excise tax on medical device ... they also want covered patients, increased visits and hospital ...
(Date:9/19/2017)... 2017   ZirMed Inc ., a recognized leader in ... it has been ranked #1 by its users for the ... 2017 User Survey. ZirMed was recognized as the top-ranked end-to-end ... medical centers over 200 beds and holds one of the ... survey history. ...
Breaking Medicine Technology: