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Magellan Rx Management

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Company Research Report: Prime Therapeutics LLC



Company Overview



Name:


Prime Therapeutics LLC

Mission of the Company:


Prime Therapeutics is focused on reimagining pharmacy solutions to provide the care they would want for their loved ones, delivering savings, simplicity, and support to customers and members.

Founding:


  • Founded: 1998

  • Founders: No information is available


Key People:


  • Mostafa Kamal: President and Chief Executive Officer

  • Ken Bodmer: Senior Vice President, Chief Financial Officer

  • Steve Cutts, PharmD, RPh: Senior Vice President, Specialty & Clinical Solutions

  • Nathan Downhour: Senior Vice President, Pharmacy & Care Solutions

  • Mike Edwards: President, Markets

  • Erin Feigal: Senior Vice President, Chief Human Resources Officer

  • Kevin R. Fletemeyer: Senior Vice President, Product Innovation & Strategy

  • Tizgel K. S. High, JD: Chief Compliance Officer

  • Jennifer Johnson: Senior Vice President, Chief Marketing and Communications Officer

  • Dinesh Kandanchatha: Chief Information Officer

  • Mike Kolar, JD: Senior Vice President, General Counsel and Secretary to the Board of Directors

  • Matthew Mertel: Senior Vice President, Chief Operating Officer

  • David Schlett: Executive Vice President and President, PBM Solutions

  • Linda Smith: Senior Vice President, Enterprise Initiatives and CEO Chief of Staff


Headquarters:


  • Location: Eagan, Minnesota, United States


Number of Employees:


  • Over 7,000 employees


Revenue:


  • No information is available


Notability:


Prime Therapeutics is known for being a trusted, transparent pharmacy solutions partner specializing in pharmacy benefit management, specialty and medical drug management, and state government solutions.

Products



Product Offerings:


  • Pharmacy Benefit Management (PBM)

  • Specialty Pharmacy Solutions

  • Home Delivery Pharmacy

  • Clinical Solutions


High-Level Description of Products:


Prime Therapeutics offers innovative solutions that focus on affordability, simplicity, and achieving better health outcomes. Their product suite includes specialty drug management, clinical solutions, and drug access services designed to simplify the pharmacy experience and enhance the quality of care.

Key Features:


  • Pharmacy Benefit Management: Solutions designed by health plans, delivering savings, simplicity, and holistic care management.

  • Specialty Pharmacy: Personalized support for complex specialty medications.

  • Home Delivery: Options for managing prescription deliveries more efficiently.


Recent Developments



New Developments:


  • Brand and Vision Transformation: Prime Therapeutics introduced a new corporate vision and brand identity to signify its bold transformation and commitment to reimagining pharmacy solutions. This includes the integration of Magellan Rx Management under the Prime Therapeutics name.


New Products Launched:


  • Advocate+™ Program: A holistic care program for specialty pharmacy experience that includes upfront authorization support and financial assistance identification.


New Features Added:


  • Streamlined Prior Authorization: Part of the Advocate+ program to minimize the waiting period for medication approvals.


Partnerships:


  • Magellan Rx Management Integration: Strengthening the breadth and capability as a full-service pharmacy solutions provider.


Additional Commentary


No additional information or commentary is available.