Financial Transaction Processor

  • NYSE Listed $5.8 Billion Revenue
  • Publicly-traded on the NYSE
  • 23,000 employees

 

  • Industry had experienced slow downs
  • Pharmacy was carved-in
  • Client needed transparency
  • Multiple plans in need of consolidation
  • Complicated collectively bargained group structure
  • Initiated a competitive RFP process for stand alone PBM contract
  • Intensive contract negotiation
  • Seamless Implementation process
  • Ongoing auditing and risk management program established

 

  • Over $5 million in expected saving over 3-year contract
  • Minimal human resources involvement
  • ROI of over 4:1