Argus Honored by Flaspohler Research Group as Highest-Rated PBM for 'No Conflicts of Interest'
April 02 2009 - 11:27AM
PR Newswire (US)
KANSAS CITY, Mo., April 2 /PRNewswire-FirstCall/ -- Argus Health
Systems, Inc., a leading provider of pharmacy benefit
administration services, has received an award from the Flaspohler
Research Group as the highest-rated pharmacy benefit manager (PBM)
for "No Conflicts of Interest" in the 2008 PBM Survey of MCOs and
Self-Insureds. To receive the award, Argus was ranked by survey
participants based on specific attributes, including not competing
with customers for carve-out pharmacy business and independence
from pharmaceutical manufacturers or pharmacy chain ownership. This
is the second year Argus has received the highest ranking in the No
Conflicts of Interest category. "Argus is proud to receive this
award, which recognizes our commitment to transparency and full
disclosure," said Michael J. Huffer, R.Ph., senior vice president
of sales & marketing. More than 250 people from 240 managed
care organizations (MCOs) and self-insureds participated in the
annual survey which rates PBMs based on nine categories. Argus has
participated in the survey each year since its launch in 2000. This
is the first year the Flaspohler Research Group has honored the
highest rated PBM in each category. About Argus Health Systems,
Inc. Incorporated in 1983, Argus processed almost 600 million
pharmacy claims in 2008. Since inception Argus has evolved to meet
the changing demands of health care, expanding its offerings to
provide a complete range of products and services, including
commercial, Medicaid and Medicare Part D. Headquartered in Kansas
City, Mo., Argus is a wholly owned subsidiary of DST Systems, Inc.,
the largest provider of third-party shareholder recordkeeping
services in the United States. About Flaspohler Research Group,
Inc. Flaspohler Research Group, Inc., (http://www.frsurveys.com/)
was founded in 1983 and has conducted surveys in 95 countries and a
dozen languages. The company offers unique expertise in B2B, and is
widely recognized for its work in the PBM industry, as well as in
accounting, corporate real estate, engineering, law, insurance and
reinsurance. DATASOURCE: DST Health Solutions CONTACT: Sam Johnson,
Director of Marketing of DST Health Solutions, Media Relations
Hotline, +1-816-435-7498 Web Site: http://www.frsurveys.com/
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