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Magellana?s Medical Pharmacy Solutions Receives URAC Health Utilization Management Accreditation

^{Published on 2011-08-31 07:16:46 - Market Wire}
 

AVON, Conn.--([ BUSINESS WIRE ])--Magellan Health Services Inc. (NASDAQ: MGLN) has announced that its Medical Pharmacy Solutions program has been awarded the Health Utilization Management Accreditation from URAC, a Washington, D.C.-based health care accrediting organization that establishes quality standards for the health care industry. URACa™s Health Utilization Management Accreditation standards provide assurance to patients, providers, purchasers, regulators and employers that the practices of the organization performing these services are fair and equitable for all parties. Magellana™s Medical Pharmacy Solutions program is operated by ICORE Healthcare, Magellana™s specialty pharmaceutical division.

"In todaya™s health care market, URAC accreditation provides a mark of distinction for organizations to demonstrate their commitment to quality health care."

aICORE is committed to providing the highest quality of care and patient safety based on clinically appropriate, evidence-based guidelines in order to maximize our cost effective solutions for customers, and wea™re very pleased that URAC has recognized this commitment in our Medical Pharmacy Solutions program,a said Alan Lotvin, president of ICORE Healthcare.

The URAC Health Utilization Management (UM) standards establish consistency in UM processes. The standards ensure that appropriately trained clinical personnel conduct and oversee the utilization review process, that a reasonable and timely appeals process is in place, and that medical decisions are based on valid clinical criteria.

aWe applaud Magellana™s ICORE Healthcare on achieving URAC health utilization management accreditation,a said Alan P. Spielman, URAC president and CEO. aIn todaya™s health care market, URAC accreditation provides a mark of distinction for organizations to demonstrate their commitment to quality health care.a

About URAC: URAC, an independent, nonprofit organization, is well-known as a leader in promoting health care quality through its accreditation and certification programs. URAC offers a wide range of quality benchmarking programs and services that keep pace with the rapid changes in the health care system, and provide a symbol of excellence for organizations to validate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC strives to ensure that all stakeholders are represented in establishing meaningful quality measures for the entire health care industry. For more information, visit [ www.urac.org ].

About Magellan Health Services:Headquartered in Avon, Conn., Magellan Health Services Inc. is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as public sector pharmacy benefits programs. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellana™s customers include health plans, employers and government agencies, serving approximately 31.3 million members in our behavioral health business, 18.9 million members in our radiology benefits management segment, and five million members in our medical pharmacy management product. In addition, the specialty pharmaceutical segment serves 41 health plans and several pharmaceutical manufacturers and state Medicaid programs. The companya™s Medicaid Administration segment serves 25 states and the District of Columbia. For more information, visit [ www.MagellanHealth.com ].