Walgreens plans not to be a participating provider in Express Scripts pharmacy network effective Jan. 1, 2012
ScripNet Continues to offer Pharmacy Benefit Management Network Access to Walgreens Pharmacies.
- (1888PressRelease) October 29, 2011 - ScripNet, a nationwide pharmacy benefit manager (PBM) who contracts with workers' compensation insurance carriers and pharmacies, announced that it will continue to provide access to Walgreens pharmacies as Walgreens plans to move forward without participating in the Express Scripts, Inc. pharmacy provider network in 2012.
As a trusted pharmacy benefit management (PBM) provider, with Walgreens as part of its network for eight years, ScripNet will continue to offer access to Walgreens nationwide pharmacy network for its PBM clients in 2012. Meanwhile, Walgreens contract renewal negotiations with PBM Express Scripts, Inc. have been unsuccessful and, as a result, Walgreens is planning not to be part of Express Scripts' pharmacy provider network as of Jan. 1, 2012.
"ScripNet continues to support Walgreens and its pharmacy patients in their dispute with Express Scripts," said Dennis Sponer, CEO of ScripNet.
About ScripNet
ScripNet is one of the fastest growing pharmacy benefit management (PBM) companies in North America, providing PBM services to over 3,000,000 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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