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U-M Receives the Rx Benefit Innovation Award
Appeared in The University Record, May 10, 2004
The University of Michigan was one of three organizations
presented with the Rx Benefit Innovation Award recognizing
creative approaches to drug benefit program management. The
Pharmacy Benefit Management Institute (PBMI) presented the
awards on April 29 during PBMI's annual drug utilization management
conference in Scottsdale, Arizona. PBMI is an independent
organization providing research-based education for the design
and management of pharmacy benefit programs.
U-M was recognized for demonstrating the value of consolidating
drug benefit management services across all health plans and
utilizing internal clinical resources for drug benefit management.
All of the organizations being honored focused on the critical
drivers behind rising prescription drug expenditures and took
action to change behaviors and reduce costs, said PBMI Founder
and President Michael H. Deskin. "The efforts of these
organizations to reduce the growth in prescription drug expenditures
ensures the right people get the right drugs when needed,"
said Deskin.
More information on U-M's prescription drug program can be
found on the Web at: http://www.umich.edu/~benefits/plans/drugs/
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