April 28, 2015

PerformRx President Mesfin Tegenu to Participate in Panel Discussion at 2015 Armada Specialty Pharmacy Summit

Tegenu to Highlight the Role of Managed Care Leadership in Controlling the Cost of Specialty Pharmaceuticals

 Philadelphia, PA – PerformRx, a URAC-accredited, full-service pharmacy benefits manager (PBM) with industry-leading clinical programs, announced today that company President Mesfin Tegenu, M.S., R.Ph., will join a panel discussion at the 2015 Armada Specialty Pharmacy Summit May 4-8, 2015 in Las Vegas.

Tegenu will be participating in the “Managed Care Leadership: Controlling the Cost of Specialty Pharmaceuticals” session. Tegenu will be joined by a number of other industry experts to discuss the role of managed care organizations in specialty medication cost management. The panel discussion will be held on Tuesday, May 5 at 1:00 p.m. PDT.

“The explosion in specialty pharmaceuticals will continue to challenge the health care industry, and managing these medications properly will be the primary goal for both payers and for PBMs,” Tegenu said. “PerformRx has a long and successful history of managing specialty drug products both on the pharmacy benefit and medical management sides. With the launch of PerformSpecialty, we have developed even more ways to improve specialty pharmacy management. The full integration between PerformRx and PerformSpecialty allows us to offer clinically-sound, cost-effective and efficacious programs for optimal outcomes.”

A clinical pharmacist and executive with more than 25 years of experience, Tegenu spearheaded the creation of PerformRx after successfully developing a comprehensive in-house pharmacy benefit management program for a national provider of managed care services. Under his leadership, PerformRx has grown to offer next-generation pharmacy benefits to millions of people nationwide. In 2014, Tegenu was instrumental in founding PerformRx’s fully integrated specialty pharmacy, PerformSpecialty.

“We are honored to have Mr. Tegenu joining us as a featured speaker at our upcoming 2015 Armada Specialty Pharmacy Summit,” stated Robert Irene, R.Ph., president and co-founder of Armada Health Care. “His unique perspective on the industry will surely provide our attendees with valuable insight about the management of specialty products.”  

The annual Armada Specialty Pharmacy Summit is the industry’s largest specialty pharmacy conference. Held at the Wynn Hotel in Las Vegas, the conference hosts thousands of attendees from around the nation, including pharmacy providers, pharma/biotech manufacturers, payers and many other specialty pharmacy stakeholder organizations. The conference provides an unmatched opportunity for attendees to learn about specialty pharmacy while connecting and networking with leading industry executives, professionals and senior decision-makers within the $100 billion specialty pharmacy channel. PerformRx and PerformSpecialty will be at the 2015 Armada Specialty Pharmacy Summit at booth 403. For additional conference details, please visit www.armadasummit.com.

About PerformRx, LLC

PerformRx, LLC, a full-service pharmacy benefit manager, is one of the nation’s leaders in providing an innovative and integrated technology-driven approach to results-focused pharmacy benefit management programs. PerformRx integrates health care data and utilizes a collaborative model of care to impact the overall health care dollar. Driven by the strength of its leaders and passion of its employees, PerformRx helps payers improve patient outcomes while achieving high quality. For more information, visit www.performrx.com.

About PerformSpecialty

PerformSpecialty, LLC is a URAC-accredited, full-service specialty pharmacy dedicated to achieving healthier outcomes by providing personalized care and better access. Located in Orlando, the company’s patient-centric approach provides high-level care through its support and adherence programs, fulfillment services, refill reminders and complete pharmaceutical care management. PerformSpecialty works with prescribers and pharmaceutical product manufacturers to ensure patients receive the right treatment, at the right time, for the best outcome. PerformSpecialty is a wholly-owned subsidiary of PerformRx. For more information, visit www.performspecialty.com