Cypress Care Names Debra Cerrato as Director of Clinical Services
ATLANTA – April, 1 2005 – Cypress Care, Inc. has received the Pharmacy Benefit Management Institute's (PBMI) 2005 Rx Benefit Innovation Award in recognition of its revolutionary approach to workers' comp drug benefit program management.
Since their inception in 2003, The Rx Benefit Innovation Awards annually recognize organizations that have taken action to change behaviors and reduce overall drug costs. The awards were presented on March 31st during PBMI's Tenth Annual Drug Utilization Management Conference, which took place at the Hilton Scottsdale Resort & Villas in Scottsdale, Az.
Cypress Care CEO Hank Datelle said, "Our desire to reinvent the workers' comp pharmacy system to make it smarter and more cost effective has been a remarkable journey that culminates in receiving this prestigious award. We are thrilled to be recognized for our efforts."
Cypress Care took their understanding of workers' compensation pharmacy and developed the first and only dedicated technology system that streamlines the process. They provide their customers with a national pharmacy network and in-depth reporting capabilities as well as one-on-one patient support. Their ability to add straight to their clients' bottom lines using such a sophisticated yet simple approach has raised the standard for the entire industry.
"Cypress Care recognizes the importance of identifying and meeting the special pharmacy benefit needs of the workers' compensation population," said Michael H. Deskin, president of PBMI. "PBMI is pleased to honor Cypress Care with a 2005 Rx Benefit Innovation Award."
The other 2005 winners were AmeriHealth Mercy/PerformRx of Philadelphia, which was recognized for developing drug utilization management and clinical intervention programs for recipients of Medicaid, and pharmacy benefit manager Express Scripts, Inc. of St. Louis, Mo., which received the award for its Zero Dollar Co-payment Program that promotes use of generic drugs in commercial populations.
For more information on Cypress Care's workers' comp pharmacy benefit management programs, please contact Richard Bell at 1.800.419.7191 or richard.bell@cypresscare.com.
About Cypress Care Inc.
Cypress Care is a leader in the management of rising claims expense related to pharmacy and ancillary service benefits for the workers' compensation, Auto and Medicare Set-Aside markets. With its comprehensive, powerful technology and industry expertise, the company has created a new standard in cost management and customer service. Cypress Care’s strategic objectives center around the delivery of products and services that address a broad spectrum of integrated healthcare services that contribute significantly to the reduction of claims cost. The company’s customers include some of the largest private/governmental employers and insurance companies in the United States. For more information, please visit www.cypresscare.com.