Navigation Links
Accident Fund Holdings Aims to Improve Control of Drug Utilization and Quality of Care with Change in Pharmacy Benefit Manager
Date:5/22/2012

LANSING, Mich., May 22, 2012 /PRNewswire/ -- Accident Fund Holdings, Inc., the tenth largest workers' compensation insurer in the United States, has begun the transition from Medco Health Solutions to Express Scripts as their new pharmacy benefit manager.  Express Scripts leverages its advanced analytics capabilities and insights generated by its team of experienced researchers to develop innovative solutions that drive out waste and help improve outcomes for injured workers.  Accident Fund Holdings anticipates increased savings and reduced healthcare costs for their clients as a result of partnership with Express Scripts.

(Logo: http://photos.prnewswire.com/prnh/20100727/DE40865LOGO)

"Our investments in new medical technology, in addition to the range of programs provided by Express Scripts will enhance our ability to monitor the level of care provided to our injured workers," Cathy Whitford, implementation business lead for Accident Fund Holdings, said.  "It also gives us a higher level of control and deeper understanding of the treatment process. This will facilitate product improvements and help ensure a healthy and productive return to work for our injured workers."

The Express Scripts suite of products will now be available to all of Accident Fund's operating companies, improving availability, consistency and quality of service. Express Scripts provides effective network management strategies like the ExpressComp® National Network, First Fill and Paper Bill Conversion program to reduce the cost of using out of network pharmacies and third party billers. In addition, home delivery from the Express Scripts Pharmacy reduces costs while improving dispensing accuracy.  Express Scripts partners with clients in a multi-faceted approach to managing narcotics, including early intervention reporting, point-of-sale edits and physician communications.

Accident Fund Holdings plans on leveraging the clinical programs offered by Express Scripts to bolster their narcotics program and enhance their ability to control narcotic utilization, manage costs and mitigate health risks.

"We have high hopes for our new relationship with Express Scripts," Dr. Donald Bearden, corporate medical director for Accident Fund Holdings, said, "Screening of drugs based upon body part and diagnosis, a generic conversion program, increase in home-delivered medications, reduction in paper bills and third party billers, coupled with physician outreach programs are a just a few of the new benefits the company has to offer over our current system."

Accident Fund Holdings and Express Scripts will begin rolling out these new offerings within the next 90 days. The expectation is to have the programs fully functional and providing value to their customers by the end of the year.

For more information about Accident Fund Holdings, Inc. visit www.afhi.com.

Accident Fund Holdings, Inc.
Accident Fund Holdings, Inc. is a workers compensation insurance holding company conducting business through four operating units: Accident Fund Companies, located in Lansing, Michigan; United Heartland, located in New Berlin, Wisconsin; CompWest, located in San Francisco, California; and Third Coast Underwriters, located in Chicago, Illinois. Its insurance company subsidiaries are rated "A-" (Excellent) by A.M. Best.  Accident Fund Holdings is a wholly-owned subsidiary of Blue Cross Blue Shield of Michigan.  For more information, visit Accident Fund Holdings' website at www.afhi.com.


'/>"/>
SOURCE Accident Fund Holdings, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. The SCOOTER Store Donates Scooter to Hit-and-Run Accident Victim
2. FDA CONSUMER HEALTH INFORMATION - Ten Tips to Prevent an Accidental Overdose
3. Accident Fund Holdings, Inc. Launches Narcotics Program to Protect Injured Workers from Drugs Used to Manage Chronic Pain
4. Lixte Biotechnology Holdings, Inc. Announces Completion of Private Placement
5. Lixte Biotechnology Holdings Announces That Anti-Cancer Activity Against Glioblastoma in an Animal Model Was Reported at the Annual Meeting of the American Association of Cancer Research
6. Lixte Biotechnology Holdings Announces That Novel Compounds Being Developed as Potential Treatments for Brain Tumors Have Positive Activity in a Mouse Model of Human Pancreatic Cancer
7. Lixte Biotechnology Holdings Announces Filing of a New Patent Application for the Use of Novel Compounds as Potential Treatment for Neurodegenerative Diseases
8. Zimmer Holdings Announces Live Audio Webcast and Conference Call of Third Quarter 2009 Results
9. Lincare Holdings Inc. Extends Terms of Employment Agreements with Executive Officers
10. CardioGenics Holdings Inc. Provides Update on FINRA Submission Regarding Name Change
11. Select Medical Holdings Corporation Announces Exercise of Underwriters Option to Purchase Additional Shares
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/24/2017)... Research and Markets has announced the addition ... Industry Forecast to 2025" report to their offering. ... The Global Wireless Health ... over the next decade to reach approximately $330.5 billion by 2025. ... for all the given segments on global as well as regional ...
(Date:2/24/2017)... 2017 Research and Markets has announced the addition ... report to their offering. ... The latest research Dry eye Drugs Price Analysis and Strategies - ... market. The research answers the following questions: ... clinical attributes? How are they positioned in the Global Dry eye market? ...
(Date:2/24/2017)... Juan Monteverde , founder and managing ... boutique securities firm headquartered at the Empire State Building ... that a class action lawsuit has been filed in the ... Inotek Pharmaceuticals Corporation (NASDAQ:  ITEK)("Inotek" or the "Company") on ... 2015 and December 30, 2016, inclusive (the "Class Period").  ...
Breaking Medicine Technology:
(Date:2/26/2017)... San Mateo, CA (PRWEB) , ... February 26, 2017 , ... ... Bay Area cities as diverse as Millbrae, Belmont, and Palo Alto, is proud to ... San Mateo. Many Bay Area consumers look for home care close to home, and ...
(Date:2/26/2017)... ... February 26, 2017 , ... ... in staffing, scheduling, and reporting for healthcare organizations. This comprehensive and customizable ... entire staffing process. StaffBridge technology improves staffing efficiency, maximizes resource allocation, collects ...
(Date:2/26/2017)... Florida (PRWEB) , ... February 26, 2017 , ... ... of Parkinson’s disease (PD) in persons with a specific LRRK2 mutation, according to ... Congress. , Previous studies have provided evidence of a link between pesticides and ...
(Date:2/24/2017)... , ... February 24, 2017 , ... ... on tooth replacement options at his office, Antoine Dental Center. Currently, patients can ... $18,499. Some restrictions may apply, but patients can learn more about these offers ...
(Date:2/24/2017)... ... February 24, 2017 , ... An in-depth computational analysis of genetic variants ... points to eight genes that may explain why susceptibility to one of the disorders ... a study published today in the journal npj Schizophrenia. , “There is a ...
Breaking Medicine News(10 mins):