LITTLE ROCK, Ark. (MMD Newswire) Aug. 26, 2010 -- The Texas Municipal League Intergovernmental Employee Benefits Pool (TML IEBP) has awarded RxResults a 5-year contract to manage its prescription drug formulary within their pharmacy benefit plan.

The TML IEBP board of trustees voted to adopt the RxResults Evidence-Based Medicine Formulary in June and initial implementation for approximately 35,000 employees, will begin Sept. 1, 2010. The RxResults formulary is projected to save TML IEBP in excess of $5 million of total annual drug expenditures.

Susan Smith, Executive Director of TML IEBP expects significant results based on the new relationship, "In contrast to the prevailing pharmacy benefit management (PBM) model, RxResults offers clinical drug recommendations and member communication based exclusively on unbiased and independent prescription drug research which will allow TML IEBP and our members to dramatically reduce our pharmacy costs."

Based on a joint-venture with the University of Arkansas Medical Sciences (UAMS) College of Pharmacy, RxResults offers an evidence-based formulary that consists of drug recommendations based solely on clinical evidence and a lowest net cost analysis, while insuring quality clinical outcomes for their clients.

About RxResults: Based in Little Rock, Arkansas, RxResults is a pharmacy benefit consulting company that provides formulary management services, drug coverage strategies, and utilization management programs to self-insured employers, both public-sector and private-sector. For more information, go to www.rxresults.com.

About TML Intergovernmental Employee Benefits Pool (TML IEBP): TML IEBP consists of political subdivisions that have joined together to provide health benefits to eligible employees, officials, retirees, and dependents. TML IEBP's purpose is to provide Texas political subdivisions & municipalities, approximately 695 member employers, with an alternative to the commercial insurance marketplace. As a result, TML IEBP closely reviews administrative costs and takes a very aggressive position towards cost management, healthy initiative services and effective managed care strategies. For more information, go to www.tmliebp.org.

Contact:
Tery Baskin - PharmD, CEO
501-367-8402
tbaskin@rxresults.com
www.rxresults.com

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