Jim DuCharme Joins Prime Therapeutics as Chief Financial Officer

ST. PAUL, Minn., May 22, 2012 /PRNewswire/ -- Prime Therapeutics (Prime), a leading pharmacy benefit manager, announced today that it has hired Jim DuCharme as chief financial officer (CFO). DuCharme will lead Prime's finance operations and further build the company's foundation for continued growth.

"Jim brings deep health plan expertise and a proven track record of driving business performance within diverse health plans, including Blue Cross and Blue Shield plans," said Eric Elliott, president and CEO at Prime. "Based on his strong belief in pharmacy as a critical component of total health management, I am confident that Jim will help us continue to strengthen our foundation and approach in the market in this changing health care landscape."

Previously, DuCharme served as CFO and treasurer of Harvard Pilgrim Health Care, Inc. Prior to that, he was the CFO and senior vice president of finance at Capital District Physicians' Health Plan and CFO, vice president of finance and treasurer at Blue Cross and Blue Shield of Vermont. He received his Master of Business Administration in corporate finance from the University of Pittsburgh and his bachelor's degree in political science and economics from Dickinson College.  

Prime Therapeutics is a pharmacy benefit management company dedicated to providing innovative, clinically-based, cost-effective pharmacy solutions for clients and members. Providing pharmacy benefit services nationwide to nearly 20 million lives, its client base includes Blue Cross and Blue Shield Plans, employer and union groups, and third-party administrators. Headquartered in St. Paul, Minn., Prime Therapeutics is collectively owned by 13 Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those Plans. Learn more at www.primetherapeutics.com.

SOURCE Prime Therapeutics



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