Karen Caterino Joins ScripNet Pharmacy Benefits Manager as Director of Sales, Western Region

Former State of Nevada - Risk Management Division Administrator joins ScripNet. End Quote

(1888PressRelease) January 31, 2012 - LAS VEGAS, NV - ScripNet, a nationwide pharmacy benefit manager (PBM) who contracts with workers' compensation insurance carriers and pharmacies, announced the addition of Karen Caterino MBA, ARM-P, CPM®, CGBA, as Director of Sales for ScripNet's Western Region, including the Mountain and Pacific regions, as well as Texas.

Caterino most recently managed the State of Nevada's Risk Management Division, including: workers' compensation, property, fleet, fidelity, aviation and commercial liability programs. At the State of Nevada, Caterino was instrumental in bringing innovative approaches to cost containment, including an early intervention program that addressed the problem of acute and chronic pain, narcotics abuse and invasive surgeries.

"What is exciting for me is the ability to leverage my knowledge and experience in risk management and cost containment solutions to the benefit of ScripNet's current and prospective customers," said Karen Caterino. "Having worked with ScripNet at the State of Nevada, I have seen first-hand how they can provide customers with highly flexible and unique solutions to pharmacy cost containment in workers' compensation, supported by clinical utilization reviews, customized formularies, account management, their help desk, online access and reporting."

"We are very pleased to have someone of Karen's caliber and experience level join our sales management team," said Gary Daly, Vice President of Sales at ScripNet. "Having been there, and done that, Karen can easily relate to customer challenges and configure ScripNet solutions that will help them contain costs and improve patient outcomes. Karen will be a real asset to us and I look forward to working with her."

Karen has been a past presenter on workers' compensation at: the National Workers' Compensation and Disability Conference, PRIMA and Western Regional RIMS, in addition to serving on a number of boards and commissions. Karen received the LexisNexis 2010 Most Notable Persons in Workers' Compensation-Risk Manager Award and her workers' compensation program at the State of Nevada was a 2011 finalist for the Theodore Roosevelt Workers' Compensation and Disability Management award.

Karen has an undergraduate degree in Sociology, a Masters in Business Administration, an Associate in Risk Management-Public Entity and is a Certified Government Benefits Administrator and Certified Public Manager ®. Karen resides in Reno, NV with her husband and daughter and her favorite activities include running, golf, skiing and mentoring women in the field of risk management.

About ScripNet - ScripNet is one of the fastest growing pharmacy benefit management (PBM) companies in North America, providing PBM services to over 5,000,000 employees through pharmacies in all 50 states. ScripNet electronically processes prescription drug claims for workers' compensation, which allows insurance carriers, large self-insured companies, municipalities, managed-care organizations, and third-party administrators to participate in better cost control and increased efficiency for pharmacists, and offers more convenience for injured workers. ScripNet offers a drug utilization review program that improves patient care, reduces fraud and abuse, and cuts administrative expense. ScripNet is a three time winner of Inc. Magazine's annual listing of the 500 fastest growing privately held companies in the nation. To learn more, visit www.scripnet.com.

ScripNet Media Contact:
Mark Rieger
ProAmericas Marketing & Public Relations for ScripNet
markr ( @ ) proamericas dot com
303-520-4524

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