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Eckerd Health Services
620 Epsilon Drive, Pittsburgh, Pa. 15238; 412-967-2300;
Total gross revenues$591,000,000
PBM gross revenues$9,000,000
Employer/group plans with direct service135
Includes: 14 registered pharmacists
PBM services since: 1994.
Parent: Eckerd Corp.; primary business: retail pharmacy chain.
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, therapeutic alternative intervention program.
Formularies offered: Open, closed, restricted/customized.
Pharmacies contracted: Independently owned, retail chains.
Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization, ad hoc, network pharmacy utilization, disease state management.
Service area: Nationwide.
Billing methods: Capitated rate, fee per claim. Volume discounts to employers.
Officers: Fran Marasco, president; Lloyd McDonald, vp-marketing/client service; James Smith, vp-managed care operations; George Watt, vp-new business development.
Contact: George Watt, 412-967-2323.