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News

Coventry Health Care selects Medco to provide pharmacy services

Medco Health Solutions : 24 June, 2008  (Application Story)
Medco Health Solutions is to provide pharmacy services for Coventry Health Care, a national managed health care company headquartered in Bethesda, Maryland, USA.
Medco will provide mail, retail and specialty pharmacy services for all of Coventry's Medicare programmes, covering approximately one million members with annual drug spend exceeding $2 billion. The agreement will commence on January 1, 2009 and is a multi-year arrangement.

'Coventry viewed our Medco Therapeutic Resource Centers as an important advantage for its members,' chairman and chief executive officer David B Snow Jr said. 'Our specialist pharmacists help patients manage chronic conditions with a higher level of personalised care. The breadth of our service offerings and our capabilities to meet the needs of Medicare beneficiaries, while making overall health care costs more manageable, truly resonates with clients.'

Medco provides its Medicare programs for employers, unions, health plans and individuals. Medco collaborates with clients to ensure they maximise the value from benefits tailored to their budgetary, tax, administrative, and employee needs, as well as their need to manage future obligations to retirees. Medco's programmes also provide clinical expertise for seniors, who are the most frequent users of chronic medications.

Last year the company completed the roll out of the Medco Therapeutic Resource Centers (TRCs), culminating three years of development and the process of training specialist pharmacists in specific chronic and complex conditions.

At the TRCs, more than 1,100 specialist pharmacists are trained and uniquely experienced to care for patients with specific chronic conditions, including diabetes, heart disease, asthma and neurological disorders. Specialist pharmacists counsel patients about medication safety, minimising side effects, improving drug compliance, and helping them find the lowest cost alternatives for their medications.
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