
Seal of approval provides quality assurance to consumers and purchasers
Philadelphia, PA — January 12, 2009 — FutureScripts announced today that it has been awarded full accreditation in Pharmacy Benefit Management from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry. URAC Pharmacy Benefit Management accreditation provides a symbol of excellence to employers, health care consumers, regulators and providers, and validates FutureScripts’ commitment to quality, service, and accountability.
The URAC standards address organizational quality, customer service, communications, disclosure of pricing policies, pharmaceutical distribution, drug utilization management, and formulary/pharmacy and therapeutics committee. This URAC accreditation demonstrates FutureScripts’ ongoing commitment to quality and patient safety and shows that FutureScripts’ contract terms and pricing structures meet industry standards.
“Earning URAC’s accreditation in pharmacy benefit management is an honor, and we are proud to have this distinction added to the value that we offer our customers,” said Paul Urick, R.Ph., senior vice president for FutureScripts. “This seal of approval helps FutureScripts assure plan participants that there is a high level of concern for providing quality care and service-oriented pharmacy management for their long-term health and wellness.”
“This accreditation means that FutureScripts has met URAC’s strict standards for pharmacy benefit management,” said Brian Marshall, compliance manager for FutureScripts. “URAC completed extensive review and analysis of our practices, our daily operations, and our clinical staff qualifications, to ensure that FutureScripts’ policies are clinically sound, and patients’ rights are being protected.”
“By applying for and receiving the Pharmacy Benefit Management Accreditation, FutureScripts has demonstrated a commitment to quality health care,” said Alan P. Spielman, URAC president and CEO. “Quality health care is crucial to our nation’s welfare and it is important to have organizations that are willing to measure themselves against national standards.”
FutureScripts, an independent pharmacy benefits management company, headquartered in Philadelphia, Pennsylvania, helps employers and health plans manage rising prescription drug costs without sacrificing quality coverage. FutureScripts has built a comprehensive national pharmacy network of more than 60,000 retail pharmacies, including independent pharmacies as well as all of the major pharmacy retail chains. For more information, call FutureScripts corporate headquarters at 1-888-678-7012.
URAC, an independent, nonprofit organization, is a leader in promoting health care quality through accreditation and certification programs. URAC’s standards keep pace with the rapid changes in the health care system, and provide a mark of distinction for health care organizations to demonstrate 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 setting meaningful standards for the health care industry. For more information, visit www.urac.org.