ANNUAL DIRECTORY OF PRESCRIPTION BENEFIT MANAGERS

P

Pharmacy Services Group of Florida

1100 N.E. 51st St., Fort Lauderdale, Fla. 33334; 954-938-9980;

fax: 954-938-7984

1996 revenues

Total gross revenues$7,000,000

PBM gross revenues$4,000,000

PBM unbundled revenues$3,000,000

PBM Clients

Total175

Employer/group plans with direct service10

Lives Covered

Group Health:

Total400,000

Active enrollees170,000

through employers20%

through third-party vendors80%

Retail Network

Pharmacy locations40,000

Mail-order services

Percentage of prescription volume30%

Generic usage

Percentage of prescription volume60%

Staff

Total30

Professionals5

Includes: 3 registered pharmacists

PBM services since: 1983.

Parent: Managed Healthcare Systems Inc.; primary business: mail order prescription services.

Services: Retail pharmacy network, mail-order distribution, claims processing, online claims processing, concurrent utilization review, disease management, retrospective utilization review, benefit design consulting, formulary management/review, monitoring of physician prescribing practices, patient education, prescription software.

Formularies offered: Open, closed, restricted/customized.

Pharmacies contracted: Independently owned; retail chains, including CVS, Eckerd, Walgreens.

Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization.

Service area: Nationwide.

Billing methods: Capitated rate, fee per claim. Volume discounts to employers.

Officers: Kenneth Sack, CEO; Gina Hunt, director-client services; Stanley Friedman, director-professional services; Martin Duberstein, director-marketing.

Contact: Kenneth Sack.

Pro-Mark Holdings Inc.

33 North Road, Peace Dale, R.I. 02883; 401-782-0702;

fax: 401-788-9909

1996 revenues

PBM gross revenues$283,159,000

PBM Clients

Total358

Employer/group plans with direct service5

Lives Covered

Group Health:

Total1,100,000

through employers1%

through third-party vendors5%

through Medicare/Medicaid94%

Workers Compensation:

Active enrollees15

Retail Network

Pharmacy locations36,545

Mail-order services

Percentage of prescription volume1%

Generic usage

Percentage of prescription volume73%

Staff

Total129

Professionals115

Includes: 22 registered pharmacists

PBM services since: 1993.

Parent: MIM Corp.; primary business: pharmacy management.

Services: Retail pharmacy network, mail-order distribution, claims processing*, online claims processing, concurrent utilization review, disease management, retrospective utilization review, benefit design consulting, formulary management/review, monitoring of physician prescribing practices, patient education.

Formularies offered: Open, closed, restricted/customized.

Pharmacies contracted: Independently owned; retail chains, including American Drug, Brooks, Fred's, Kmart, Safeway, Walgreens and Wal-Mart.

Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization.

Service area: Nationwide.

Billing methods: Capitated rate, fee per claim, risk sharing.

Officers: John Klein, CEO; Richard Friedman, CFO/COO; E. David Corvese, president; E. Paul Larrat, executive vp-operations; Richard Stader, vp-sales/marketing.

Contact: Robert Tamburro, manager-business administration.

**Subcontracted.