12.05.2005 17:08:00
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Humana Teams With Argus for Industry-Leading Pharmacy Claims Processing
LOUISVILLE, Ky., May 12 /PRNewswire/ -- Humana Inc. announced today that Argus Health Systems will begin providing its pharmacy claims processing, reporting and benefits administration services to Humana in September 2005. Terms of the agreement were not disclosed. Argus will support Humana's core pharmacy initiatives such as the delivery of the Medicare Part D drug benefit strategy, as well as Humana's industry-leading and patent-pending RxImpact benefit, RxCalculator pricing tool and Maximize Your Benefit program.
"We chose Argus because of its best-in-class reputation and passion to leverage its technology for our commercial and Part D pharmacy benefit needs," said William Fleming, PharmD, vice president of pharmacy and clinical integration for Humana. "Like Humana, Argus' business philosophy embraces transparency and integrity in all transactions, which is core to our consumer strategy."
Argus provides processing, reporting and administration tools that complement Humana's consumer choice product offerings. Its robust pharmacy claims processing infrastructure is built to manage the sophisticated pharmacy benefits and customization that is required to work with Humana's customers. Likewise, Argus' technology and strategy provides Humana with tools to deliver Medicare Part D products in 2006.
"Humana has a reputation for developing innovative pharmacy benefits, and it focuses on bringing consumer-driven programs into health care. It is a leader in transforming the status quo in health benefits," said Charlie Schellhorn, president and chief executive officer of Argus Health Systems, Inc. "We look forward to working with Humana to support its goals of integrating pharmacy and medical benefits and developing programs that meet the needs of its customers."
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies, with approximately 7 million medical members located primarily in 15 states and Puerto Rico. Humana offers a diversified portfolio of health insurance products and related services - through traditional and consumer-choice plans - to employer groups, government-sponsored plans, and individuals.
Over its 44-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.
More information regarding Humana is available to investors via the Investor Relations page of the company's web site at http://www.humana.com/ , including copies of:
- Annual report to stockholders; - Securities and Exchange Commission filings; - Most recent investor conference presentation; - Quarterly earnings press releases; - Audio archive of most recent earnings release conference call; - Calendar of events (includes upcoming earnings conference call dates, times, and access number, as well as planned interaction with institutional investors); - Corporate Governance Information.
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Humana Inc. | 263,50 | 1,86% |
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S&P 500 | 5 827,04 | -1,54% |