INDEPENDENT HEALTH SELECTS ZYNCHROS.COM TO IMPROVE COMMERCIAL & PART D FORMULARY PROCESS EFFICIENCIES
Zynchros provides dashboard to efficiently and economically manage pharmacy benefit programs
Buffalo, NY/Seattle, WA – April 11, 2007 – Independent Health and Zynchros, Inc. today announced the selection and implementation of Zynchros.com to better manage their Commercial and Medicare Part D formularies.
Headquartered in Buffalo, Independent Health has consistently been rated among the top health plans in the country for customer service and member satisfaction. A health solutions company offering a variety of health insurance and Medicare Advantage products, Independent Health also provides third party administrative services for self-funding and pharmacy benefit management services through its subsidiary, Pharmacy Benefit Dimensions, LLC.
“Our Medicare Advantage plans have had great success in the market, and we needed to reduce the amount of time spent in validating our Medicare formularies against CMS guidelines,” said John Rodgers, Vice President of Pharmacy, Independent Health. “Zynchros will help us streamline the formulary administrative processes and better position us to address the changing needs of our clients looking for more customized formularies in our PBM line of business.”
“Increasing efficiencies in Pharmacy Program Management can minimize overall medical costs, improve member access to more affordable care, and ultimately provides an improved quality of life for health plan members”, explains Marc Lilly, CEO of Zynchros. With our technology, Zynchros is able to provide a vehicle not only to help Independent Health gain better control over their formulary process, but also to streamline their entire pharmacy program, making them much more efficient and responsive to their members. We share Independent Health’s vision of providing affordable healthcare and are very pleased to have them join our growing Zynchros family.”
ABOUT INDEPENDENT HEALTH
Headquartered in Buffalo, Independent Health began operations in 1980 and has consistently been rated among the top health plans in the country for customer service and member satisfaction. Independent Health’s comprehensive portfolio of product and service offerings include HMO, POS, PPO and EPO products, Medicare and Medicaid plans, traditional indemnity insurance, consumer-directed plans, coverage for self-funded employers, plus health savings account (HSA) and pharmacy benefit management (PBM) services. Independent Health’s extensive provider networks include more than 846,000 physicians, 3,700 hospitals, and 43,500 pharmacies nationally. Combined, the company provides health benefits and services to nearly 375,000 individuals in Western New York and throughout the country. For more information, visit Independent Health’s website at www.independenthealth.com.
ABOUT ZYNCHROS, INC.
Founded in 2000, privately-held Zynchros, Inc. (formerly Script IQ, Inc.) delivers
technology-based solutions that transform the economics of drug-based wellness,
improving compliance and agility of health insurers and pharmacy benefit managers. The
Zynchros.com on-demand platform provides the workflow processes necessary to initiate
pharmacy quality management, improving responsiveness, control and efficiency by
synchronizing all of the participants in pharmacy benefits, from P&T to the point of care.
To learn more about how Zynchros is interconnecting the world of pharmacy benefits
visit www.zynchros.com or call 1-866-996-2476.
For more information contact:
INDEPENDENT HEALTH
Frank Sava
Director, Community and Public Relations
716.635.3885
fsava@independenthealth.com
ZYNCHROS, INC.
Terry Christiani
206.792.4106
terry.christiani@zynchros.com

