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| [April 23, 2012] |
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Catalyst Health Solutions Selected as Pharmacy Benefits Provider for Mercer Collective
ROCKVILLE, Md. --(Business Wire)--
Catalyst Health Solutions, Inc., (NASDAQ: CHSI) today announced that
Mercer, one of the world's leading human resource consulting firms, has
selected Catalyst Rx to participate in the Mercer Pharmacy Collective
making them a preferred provider of Pharmacy Benefit Management (PBM)
services for the employers belonging to the Mercer Pharmacy Collective.
The Mercer Pharmacy Collective is a group purchasing service focused on
improving the management of employee health benefits and currently
includes 240 different employers representing 2.2 million members.
As a result of being selected for the collective, any plan sponsor
interested in Mercer's collective purchasing solutions will have access
to the new Catalyst option as well as the existing options.
"Mercer is one of the leading names in benefits consulting and their
decision to pull us into the Mercer Pharmacy Collective is proof that
the work we have been doing to maintain and enhance Catalyst's position
as a world-class PBM is paying off," said Rick Bates, President and
Chief Operating Officer of Catalyst Health Solutions. "Being chosen to
participate opens up a new worl of opportunity for our business and we
are excited to put our proven cost management and clinical strategies to
work for these employers."
About Catalyst Health Solutions, Inc. (www.chsi.com):
Catalyst Health Solutions, Inc., the fastest growing national PBM in the
U.S., is built on strong, innovative principles in the management of
prescription drug benefits and provides an unbiased, client-centered
philosophy resulting in industry-leading client retention rates. The
Company's subsidiaries include Catalyst Rx, a full-service pharmacy
benefit manager (PBM) serving more than 18 million lives in the United
States and Puerto Rico; HospiScript Services, LLC, one of the largest
providers of PBM services to the hospice industry; FutureScripts, LLC, a
full-service PBM serving approximately one million lives in the
mid-Atlantic region; and a fully integrated prescription mail service
facility. The Company's clients include self-insured employers,
including state and local governments, managed care organizations,
unions, hospices, third-party administrators and individuals.
Forward-Looking Statements
This press release may contain "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995. These
statements involve a number of risks and uncertainties that might
materially affect our results, particularly those risks referred to in
our Annual Report on Form 10-K for the year ended December 31, 2011,
under "Item 1A. Risk Factors." Readers are urged to carefully review and
consider the various disclosures made in our Annual Report on Form 10-K,
our Forms 10-Q, and our other filings with the Securities and Exchange
Commission that attempt to advise interested parties of the risks and
uncertainties that may affect our business. Catalyst Health Solutions,
Inc. does not undertake any obligation to update forward-looking
statements, whether as a result of new information, future events, or
other developments.

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