Millennium Healthcare Group Selects HealthTrans For Pharmacy Benefit Services

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--July 28, 2005--HealthTrans, a pharmacy benefit administrator, has signed a contract with Pennsylvania-based Millennium Healthcare Group to provide pharmacy benefit services for its 7,200 members. HealthTrans is providing full pharmacy benefit services, including benefit plan design and administrative services, clinical services, reporting services, and formulary and rebate services. "Millennium's management was impressed with the transparent business model under which HealthTrans operates and determined our model was the best fit for their clients," said Jack McClurg, HealthTrans' CEO. "Based on our model, Millennium can control their formularies, therefore have the ability to make changes in the drug mix giving their clients the ability to lower their drug spend."