Catalyst Health Solutions, Inc.

Rockville, MD United States

  (NASDAQ: CHSI)

Company Description

Catalyst Health Solutions cooks up efficiencies in the prescription benefits market. The company provides pharmacy benefit management (PBM) services to clients including managed care organizations (MCOs), self-insured employers, third-party benefit administrators, and hospices. Its Catalyst Rx business helps clients design drug benefit plans that encourage the use of preferred prescriptions bought from one of about 65,000 pharmacies (including contracted mail order pharmacies) in the company's nationwide network. It also provides customized reporting and data analysis services. Together, customers Independence Blue Cross and Wellmark Blue Cross Blue Shield of Iowa account for about 25% of the company's revenue.