VALUERx HAS 95% CUSTOMER RENEWAL RATE HEADING INTO 1997; VALUE HEALTH SPLITTING PBM FROM MENTAL HEALTH/DISEASE MANAGEMENT/WORKER's COMP BUSINESSES
Executive Summary
ValueRx is holding 95% of its pharmacy benefit management client base currently up for renewal, the PBM's parent Value Health reported Oct. 9. Value Health commented on the contract renewals as part of the announcement of a spin-off plan to separate the PBM business from the rest of Value Health.