NASHVILLE, Tenn., Oct. 21, 2015 /PRNewswire/ -- Goold Health Systems, an Emdeon company and nationally recognized health care management company focusing on Medicaid services, was recently selected as Ohio's Pharmacy Benefit Manager (PBM) to provide the Ohio Department of Medicaid with robust pharmacy claims adjudication, prior authorizations, rebate management, preferred drug list and related clinical pharmacy services. The contract is for a multi-year project with an initial term through June 30, 2017, and three additional two-year optional renewals.
"The Ohio Department of Medicaid recognizes that State Medicaid programs need to address the rapid changes occurring in the pharmacy business," said Jim Clair, Vice President of Emdeon and President of Goold. "Our technology solutions, pharmacy clinical services and business processes are designed to help Ohio's PBM program run efficiently and accurately." By collaborating with Goold, the Ohio Department of Medicaid will help enhance overall patient care, minimize inappropriate drug use and control pharmacy costs.
Founded in 1974, Goold has a national reputation as a leader in Medicaid healthcare management, data processing and administration. Goold is headquartered in Augusta, Maine and plans to open an office in Columbus, Ohio.
Goold is a wholly-owned subsidiary of Emdeon. For more information about Goold please visit ghsinc.com.
Emdeon is a leading provider of software and analytics, network solutions and technology-enabled services that optimize communications, payments and actionable insights by leveraging its intelligent healthcare platform, which includes the single largest financial and administrative network in the United States healthcare system. Emdeon's platform and solutions integrate and automate key functions of its payer, provider and pharmacy customers throughout the patient encounter, from consumer engagement and pre-care eligibility and enrollment through payment. By using Emdeon's comprehensive suite of solutions, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage complex workflows. For more information, visit emdeon.com.