PerformRx, a next-generation, full-service pharmacy benefit manager (PBM) with industry-leading clinical programs, and part of the AmeriHealth Caritas Family of Companies, announced today that the ASHP (American Society of Health-System Pharmacists) Commission on Credentialing has granted it full reaccreditation for the postgraduate year one (PGY1) managed care pharmacy residency program. The reaccreditation is effective for six years.

ASHP is a national organization that represents pharmacists who practice in acute and ambulatory care settings, and a leader in efforts to improve medication use and enhance patient safety. ASHP partners with the Academy of Managed Care Pharmacy (AMCP) to accredit PGY1 managed care pharmacy residency programs that further the knowledge and skills of pharmacists through training in patient care and managed care principles and business practices.

“We are pleased to have been reaccredited,” said Director of Clinical Market Intelligence Lauren Megargell. “We pride ourselves on being a clinically focused PBM, and we are happy to offer young pharmacists an opportunity to work at a managed care organization where they can continue to grow and learn.”

PerformRx is a PBM that fosters a clinical culture and has provided best-in-class services since 1999, including formulary development, drug therapy management, prior authorization, and rebate management. Its clients include Medicaid, Medicare, commercial, workers’ compensation, and employer group plans. PerformRx’s PGY1 residents rotate through each department during their residency to get a well-rounded experience and understand the ins and outs of PBMs and MCOs.

“It’s a great accreditation for our organization,” noted Mesfin Tegenu, president of PerformRx. “We have a number of young, talented pharmacists at PerformRx who started with us as residents. The accreditation that ASHP provides for the PSGY-1 lets graduate pharmacists know PerformRx can provide the experience they need to excel in a very competitive marketplace.”

About PerformRx

PerformRx, LLC is a URAC-accredited, next-generation pharmacy benefit manager (PBM) located in Philadelphia and part of the AmeriHealth Caritas Family of Companies. The company maintains a clinical culture, providing cost-effective therapies and extensive evidence-based programs at an optimal cost to its clients since 1999. PerformRx’s best-in-class pharmacy benefit management services include formulary development, drug therapy management and rebate management. PerformSpecialty® is PerformRx’s wholly-owned and integrated specialty pharmacy. The company’s business segments include Medicaid, Medicare, commercial and employer group plans. For more information, visit www.performrx.com.

About AmeriHealth Caritas

AmeriHealth Caritas is part of the Independence Health Group in partnership with Blue Cross Blue Shield of Michigan. AmeriHealth Caritas is one of the nation’s leaders in health care solutions for those most in need. Operating in 18 states and the District of Columbia, AmeriHealth Caritas serves more than 5.7 million Medicaid, Medicare, and CHIP members through its integrated managed care products, pharmaceutical benefit management and specialty pharmacy services, behavioral health services and other administrative services. Headquartered in Philadelphia, AmeriHealth Caritas is a mission-driven organization with more than 30 years of experience serving low-income and chronically ill populations. For more information, visit www.amerihealthcaritas.com.

About ASHP

ASHP represents pharmacists who serve as patient care providers in acute and ambulatory settings. The organization’s more than 43,000 members include pharmacists, student pharmacists, and pharmacy technicians. For over 70 years, ASHP has been at the forefront of efforts to improve medication use and enhance patient safety. For more information about the wide array of ASHP activities and the many ways in which pharmacists advance healthcare, visit ASHP’s website, www.ashp.org, or its consumer website, www.SafeMedication.com.