ST. PAUL, Minn.
Nov. 26, 2013
/PRNewswire/ -- Cardinal Health today announced that it has renewed a three-year agreement with Prime Therapeutics (Prime) to continue serving as primary pharmaceutical supplier for Prime's pharmacy home delivery service, PrimeMail
, and for Prime Therapeutics Specialty Pharmacy
Prime is collectively owned by a number of Blue Cross and Blue Shield plans. The company manages more than
in prescription drug spend annually and serves nearly 23 million members. Its specialty pharmacy is designed to help improve the health of members living with conditions such as rheumatoid arthritis, hepatitis C and multiple sclerosis, through personalized care management programs.
"We're pleased to continue our relationship with Prime by serving the distribution needs of both its pharmacy home delivery and specialty pharmacies," said
, president of Cardinal Health's U.S. Pharmaceutical Distribution business. "This renewed agreement is a great example of our commitment to building mutually beneficial customer relationships that enable us to grow our pharmaceutical distribution business while also improving the cost-effectiveness of health care."
Cardinal Health will also continue to offer Prime additional supply chain optimization services to help improve its operational efficiency.
"Cardinal Health consistently delivers a high level of experience and services that enable our purpose of helping people get the medicine they need to feel better and live well," said
, Prime's senior vice president of cost of care. "We're very pleased to extend our ongoing relationship."
About Prime Therapeutics
Prime Therapeutics LLC
(Prime) helps people get the medicine they need to feel better and live well. Prime manages pharmacy benefits for health plans, employers, and government programs including Medicare and Medicaid. The company processes claims and delivers medicine to members, offering clinical services for people with complex medical conditions. Headquartered in
St. Paul, Minn.
, Prime serves nearly 23 million people. It is collectively owned by 13 Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those plans. Prime has been recognized by Modern Healthcare as one of "healthcare's hottest companies for 2013." For more information, visit
About Cardinal Health
, Cardinal Health, Inc. (NYSE: CAH) is a
healthcare services company
that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps
ambulatory surgery centers
focus on patient care while
reducing costs, enhancing efficiency and improving quality
. Cardinal Health is an essential link in the health care supply chain, providing
to more than 100,000 locations each day. The company is also a leading manufacturer of medical and surgical products, including
products. In addition, the company supports the growing diagnostic industry by supplying medical products to
and operating the nation's largest
network of radiopharmacies
that dispense products to aid in the early diagnosis and treatment of disease. Ranked #19 on the Fortune 500, Cardinal Health
employs more than 34,000 people
worldwide. More information about the company may be found at
@CardinalHealth on Twitter
SOURCE Cardinal Health