Cigna Renews Relationship With Argus Health For Pharmacy Solutions

Agreement Taps Into Suite of Argus Capabilities

Oct 21, 2015, 16:15 ET from Argus Health Systems

KANSAS CITY, Mo., Oct. 21, 2015 /PRNewswire/ -- Argus Health Systems, a DST (NYSE: DST) company providing pharmacy solutions and health outcomes optimization to healthcare organizations, today announced it has renewed its relationship with Cigna to provide certain pharmacy solutions services.

The new multi-year contract, which provides administrative management of pharmacy claims for millions of Cigna's commercial plan members currently serviced by Argus, will be effective January 1, 2016.

"We've worked hard to align our solutions with the unique complexities of the healthcare market," says Marc Palmer, President and Chief Operating Officer of Argus Health. "We are excited to renew our relationship with Cigna and help support its ongoing efforts to drive improved affordability and better health outcomes for clients and customers."

"Cigna has enjoyed a long-standing relationship with Argus because the company has consistently demonstrated its understanding of our business needs as well as the desire of our clients and customers for a predictable operating platform.  This also provides flexibility to develop new capabilities to meet or exceed marketplace demands," said Chris Hocevar, President, Cigna Pharmacy Management and Select Segment.

The new agreement with Cigna follows Argus' announcement in June that it had renewed its contract with Humana Inc. for pharmacy solutions and services.

Argus has been making significant investment in its clinical, network, and analytic capabilities. With a focus on achieving the best possible clinical, financial, and operational outcomes for its clients, Argus works to address the wide range of complexities facing healthcare organizations today.

"We made a strategic decision to transform Argus into something it had never been before, something that the healthcare market needs for its future," says Palmer. "It is a new era for healthcare and it is a new era for Argus."

For more information on Argus and its full suite of solutions, visit www.argushealth.com.

About Argus Health Systems
Argus Health Systems, Inc., a wholly-owned subsidiary of DST Systems, Inc., is a preeminent provider of pharmacy and health outcomes optimization solutions to key healthcare organizations across the nation. Combining the predictive and prescriptive force of behavioral and biometric data with industry-leading clinical teams and world-class data scientists, Argus technology helps to identify and target intervention strategies that optimize outcomes for individuals across the entire health continuum. Headquartered in Kansas City, MO, Argus serves a wide range of clients, including managed care organizations, pharmacy benefit managers, and pharmaceutical manufacturers. For more information, visit www.argushealth.com.

About DST
DST Systems, Inc. is a leading provider of sophisticated information processing and servicing solutions to companies around the world. Through its global enterprise, DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, and healthcare markets. Headquartered in Kansas City, MO., DST is a publicly-traded company on the New York Stock Exchange. For more information, visit www.dstsystems.com.

Media Contacts:

Laura M. Parsons         
DST Global Public Relations        
816.843.9087         
mediarelations@dstsystems.com

SOURCE Argus Health Systems



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