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URAC Names Medco as a Finalist in First-ever Best Practices in Consumer Empowerment and Protection Awards
Date:11/29/2007

Medco to showcase its winning program at the Best Practices in Consumer

Empowerment and Protection Conference and Exhibit, March 25-26, 2008

WASHINGTON, Nov. 29 /PRNewswire-FirstCall/ -- Today URAC announced that a distinguished panel of judges has selected the finalists for its inaugural Best Practices in Consumer Empowerment and Protection Awards competition. The nation-wide competition attracted entries detailing innovative and proven programs that are enhancing patient safety and giving consumers more control over their health care. Winners represent health plans, pharmacy benefit management organizations, health care management companies and health information technology companies. Medco Health Solutions, Inc. (NYSE: MHS) was among the finalists eligible to receive further distinction as an award winner to be announced March, 2008.

The finalists are invited to present their winning programs at the Best Practices in Consumer Empowerment and Protection Conference and Exhibit, to be held March 25-26, 2008 at the Rosen Shingle Creek Hotel in Orlando. Presentations will showcase working best practices in three categories: consumer decision support, integrated care coordination and patient/consumer safety.

"Our new advanced pharmacy care model, in which Medco's specialist pharmacists are applying their unique expertise to improve care for key health conditions, is already having a profound effect on patients," said Dr. Glen Stettin, Medco's senior vice president & general manager, Clinical & Therapeutic Solutions Group. "In fact the study shows that Medco's Diabetes Resource Center was able to reduce potentially dangerous errors involving syringes and other diabetes supplies, which improved patient safety and the quality of care. We look forward to presenting the full analysis and impact of our study at the conference."

Entries were judged by a distinguished panel of judges, chaired by epidemiologist Thomas W. Wilson, Ph.D., DrPH, Trajectory HealthCare, LLC. The panel included the best and most widely recognized experts in program evaluation, care coordination, health information technology, employer and purchaser decision making and patient safety. Entries were blinded, then reviewed and scored by the judges based on objective criteria.

"The Best Practices awards and conference will be an opportunity for leaders in health care management to find out what premier companies are really doing to advance consumer protection and empowerment," said Alan Spielman, URAC's president and CEO. "This is a first-of-its-kind conference with national scope that includes entries from health care management organizations big and small, across the health care spectrum."

All finalists are invited to attend a black tie dinner gala during the conference, at which time they will discover how they will be distinguished as award winners. Gold, Silver and Bronze Best Practices Award winners in each of the four organization categories will be announced at the dinner, as well as winners in the three topic categories, and those receiving Honorable Mention.

"There is tremendous value in recognizing outstanding health care management programs that advance consumer empowerment and protection," Spielman said. "This conference will prepare attendees to apply these best practices to their own programs. It is a groundbreaking mechanism to multiply the positive outcomes of winning programs across the health care management field and to raise the bar on quality for both URAC-accredited and non- accredited organizations."

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 ensures that all stakeholders are represented in establishing meaningful quality measures for the entire health care industry. For more information, visit http://www.urac.org.


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SOURCE Medco Health Solutions, Inc.
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