08.05.2020 Press releases
MedImpact earns URAC accreditation, 100% score across all pharmacy benefit management quality standards.
Perfect score highlights company’s commitment to clinical, operational excellence, and customer service
San Diego, CA (05/08/2020) -- MedImpact, the health solutions and pharmacy benefit management company, today announced that it earned URAC accreditation for pharmacy benefit management (PBM), scoring 100% across all six modules of quality standards.
“We are unwavering in our commitment to healthcare quality and hold ourselves to the highest standards.”
"While we are proud to achieve a perfect score across all of URAC’s six PBM quality measures, we have a culture of continuous improvement and, when it comes to quality and customer service, we are never satisfied," continued Brown.
URAC is a non-profit that promotes health care quality through the accreditation of organizations involved in medical care. URAC benchmarks organizations against nationally recognized standards and supports improvements and innovation in healthcare management and delivery.
The URAC accreditation for PBM covers six quality modules: drug utilization management, customer service/disclosures, pharmacy network distribution, pharmacy and therapeutics and formulary development, core business practices, and performance measures.
“URAC accreditation shows that MedImpact is a pharmacy benefit management organization able to adhere to standards that cover important aspects of care such as claims processing, developing proper drug formulary, and consumer access,” said URAC President and CEO Shawn Griffin, M.D. “Quality policies and procedures are paramount as the price and complexity of medications rise. MedImpact chose to demonstrate their performance through URAC’s independent accreditation of their services.”
Learn more about the URAC accreditation for pharmacy benefit management.
MedImpact is the PBM that puts clients and consumers first. For 30 years, it has had a single mission: To make pharmacy benefits affordable and understandable. Today, MedImpact’s team and technology serve many large employers and plans, and more than 55 million consumers in the US and around the world. Learn more at www.medimpact.com or follow us on Twitter @MedImpact.
Founded in 1990, URAC is the independent leader in promoting healthcare quality through leadership, accreditation, measurement and innovation. URAC is a nonprofit organization using evidence-based measures and developing standards through inclusive engagement with a range of stakeholders committed to improving the quality of healthcare. Our portfolio of accreditation and certification programs span the healthcare industry, addressing healthcare management, healthcare operations, health plans, pharmacies, telehealth providers, physician practices, and more. URAC accreditation is a symbol of excellence for organizations to showcase their validated commitment to quality and accountability.
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