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Member, Beacon International Group, Ltd.
R
RESTAT
724 Elm St., P.O. Box 758, West Bend, Wis. 53095-0758; 800-926-5858;
fax: 414-338-5767
1996 revenues
Total gross revenues$10,832,211
PBM gross revenues$10,832,211
PBM unbundled revenues$7,946,621
PBM Clients
Total140
Employer/group plans with direct service2,574
Lives Covered
Group Health:
Total1,800,000
Active enrollees897,571
through employers40%
through third-party vendors40%
through Medicare/Medicaid20%
Workers Compensation:
Active enrollees60,000
through employers95%
Retail Network
Pharmacy locations48,600
Mail-order services
Percentage of prescription volume40%
Generic usage
Percentage of prescription volume40%
Staff
Total67
Professionals59
Includes: 3 registered pharmacists
PBM services since: 1985.
Parent: F. Dohmen Co.; primary business: drug wholesaler.
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.
Reports provided: Physician prescribing patterns, generic vs. name brands dispensed analysis, employee utilization.
Service area: Nationwide.
Billing methods: Fee per claim.
Officers: Michael Clark, president; John Bergan, vp-operations/information systems; David Kwasny, vp-sales/marketing; Ann Larkin, controller.
Contact: David Kwasny or Adam Holzman.
**Subcontracted.