Provista Partners with ARMSRx to Provide Competitive Pharmacy Benefit Savings and Solutions
New Component in Suite of HR Solutions Helps Reduce Overall Health Care Costs
IRVING, Texas, April 13 /PRNewswire/ -- Provista, LLC announced today that it has partnered with Administered Risk Management Services Rx, LLC (ARMSRx), a pharmacy benefit consulting firm that specializes in delivering superior results and ongoing support to the administration and management of prescription drug benefit programs and afford Provista members with the highest-quality pharmaceutical care at the lowest possible cost. Provista, the nation's leading supply chain improvement company is the only organization in the health care or education markets to have a pharmacy benefit management (PBM) agreement.
"Our partnership with ARMSRx provides one more exemplary service in our suite of human resources solutions," said Russell Hall, Vice President of Operations at Provista. "Their unparalleled pharmacy benefit services are designed to lower overall health care costs and improve quality of care for our members."
Through Provista's partnership, ARMSRx offers Provista members superior services such as pharmacy benefit modeling, drug trend management, Medicare solutions and auditing services. Typically auditing services are some of the most expensive areas in the health benefit evaluation process, but through the Provista partnership, ARMSRx offers members with access to proprietary pricing reviews, industry leading claims reviews, and auditing services which are presented in easy to understand formats that ensure Provista members are receiving optimal savings.
About Provista
Provista is one of the country's leading supply chain improvement companies. We connect more than 5,500 members serving over 28,000 sites nationwide to the most competitive and extensive products and service solutions available in attempts to reduce supply costs, streamline procurement processes and maximize value. Together with Novation, Provista's supply contracting company, we leverage nearly $35 billion in annual purchasing power to command the best prices on top-name products and services. Look to Provista for customized, flexible purchasing and materials management and human resource solutions that give you a tangible edge and help you achieve your supply chain management objectives.
About ARMSRx
ARMSRx is a pharmacy benefit consulting firm (not a pharmacy benefit manager) that specializes in saving payors money on their pharmacy expenditures. Most prescription benefit programs are based on financial arrangements that are complex, hidden and highly profitable to the Pharmacy Benefit Managers (PBMs). Our vested interest is the payors and our mission is to align the PBM's business objectives with the payors benefit goals. ARMSRx delivers intellectual capital.
SOURCE ARMSRx
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