Tag Archives: HPS

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Humana Pharmacy Solutions Chosen As A Mercer Rx Options Collaborative Preferred Pharmacy Benefits Pr

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By Business Wirevia The Motley Fool

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Humana Pharmacy Solutions Chosen As A Mercer Rx Options Collaborative Preferred Pharmacy Benefits Provider


Leading human resources consulting firm selects HPS as preferred offering to employer collective purchasing group

LOUISVILLE, Ky.–(BUSINESS WIRE)– Employers purchasing pharmacy benefit services through Mercer’s Rx Options Collaborative can now select Humana Pharmacy Solutions (HPS), a division of Humana Inc. (NYS: HUM) .

After being selected as a preferred pharmacy benefit provider for the Mercer collaborative, HPS is now one of three pharmacy benefits providers available on the platform.

The Mercer Rx Options Collaborative provides Mercer clients with 50 to 1,500 employees a choice of pre-qualified pharmacy benefits management partners, assuring these employers quality pharmacy benefits services and saving them the time and expense of researching vendors themselves. Mercer selected HPS due to its encompassing range of pharmacy benefits capabilities, specialty pharmacy expertise and well-suited pricing options for Mercer’s client base.

Humana Pharmacy Solutions’ President William Fleming says HPS’ focus on member health and proven risk management expertise will be attractive to Mercer clients and a great benefit for employers.

“Our approach centers on improved member health outcomes, which is paramount to managing long-term costs,” explained Fleming. “Mercer shares this view, and their overall focus on quality of care fits perfectly with our dream of helping people achieve lifelong well-being.”

Fleming also added that being selected to Mercer’s highly selective Rx Options Collaborative is an important step forward as Humana Pharmacy Solutions continues to expand its market presence.


About Humana Pharmacy Solutions

Humana Pharmacy Solutions, a division of Humana Inc., manages traditional pharmacy benefits with member-focused strategies to yield savings in pharmacy and total health expense. Providing prescription coverage for both individuals and employer groups, Humana Pharmacy Solutions strives to give members access to the medicine they need while offering guidance on clinically proven, therapeutically equivalent drugs that bring better value to the member and the customer.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Humana Pharmacy Solutions Ranked as "Top Performer" in 2012 Flaspohler Research Group Pharmacy Benef

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By Business Wirevia The Motley Fool

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Humana Pharmacy Solutions Ranked as “Top Performer” in 2012 Flaspohler Research Group Pharmacy Benefit Manager Survey

LOUISVILLE, Ky.–(BUSINESS WIRE)– Humana Pharmacy Solutions (HPS), the pharmacy benefits management division of Humana Inc. (NYS: HUM) , topped the Flaspohler Research Group‘s study of fellow pharmacy benefit managers in three categories: Effective Technology, Effective Cost-Management Tools, and Relationship Oriented.

The survey uses feedback from 301 executives from more than 175 organizations who utilize pharmacy benefit management. Survey respondents are asked about their personal experiences with the pharmacy benefit managers’ cost management, pricing options, technology and customer service. There are a total of nine categories, and HPS rated “excellent” or “good” in all nine.

“The results of this survey excite us because it’s feedback directly from the people we work with and other key contacts in the industry,” said Mark Morse, Practice Leader for Humana Pharmacy Solutions. “We’re working to continue delivering this high level of customer satisfaction.”

HPS also ranked second in the Attractive Pricing Options category.


About Humana Pharmacy Solutions

Humana Pharmacy Solutions processes more than 201 million prescriptions a year, making it one of the highest-volume pharmacy benefits managers in the country. The Humana Pharmacy Solutions‘ pharmacy network has more than 61,000 independent and chain pharmacies nationwide, including RightSourceRx® home-delivery service.


About Flaspohler Research Group, Inc.

Flasphohler Research Group, Inc. (www.frsurveys.com) was founded in 1983 and has conducted surveys in 95 countries and a dozen languages. The company offers unique expertise in B2B, and is widely recognized for its work in the PBM industry, as well as in accounting, corporate real estate, engineering, law, insurance and reinsurance.


About Humana

Humana Inc., headquartered in Louisville, Ky., is a leading health-care company that offers a wide range of insurance products and health and wellness services that incorporate an …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Cree Extends LED Street Lighting Leadership Delivering up to a 15 Percent Performance Increase

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By Business Wirevia The Motley Fool

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Cree Extends LED Street Lighting Leadership Delivering up to a 15 Percent Performance Increase

Next Generation LEDway Series LED Street Light Delivers Increased Performance and Lowers Total Cost of Ownership

DURHAM, N.C.–(BUSINESS WIRE)– Cree, Inc. (NAS: CREE) announces the next performance upgrade to the LEDway® Series LED Street Light. These energy-efficient luminaires, provided in several versions and tailored to specific applications, are the ideal replacement for outdated high pressure sodium (HPS) and metal halide (MH) fixtures. Providing significant improvements over the prior LEDway Series, select versions of the new LEDway Series LED Street Lights provide up to 20 percent additional energy savings and increased lumen output, while other versions provide up to 15 percent higher lumen output and additional energy savings. These improvements can help municipalities reduce operating cost where budgets are tight – lowering the total cost of ownership while providing the same illumination performance.

“Cree is committed to helping municipalities and facility owners lower their lighting energy costs and maintenance expenses,” said Greg Merritt, vice president, lighting at Cree. “The increased performance of the new LEDway Series can improve payback up to 25 percent compared to the previous generation and strengthens the argument to replace antiquated lighting technologies. These cost savings can greatly benefit municipalities and free up money for other expenses.”

Engineered to optimize illumination and economic performance, Cree® LEDway Street Lights boast an industry-leading ten year warranty and offer more than 20 optical distribution patterns, flexible drive currents and multiple lumen packages. The versatility of the LEDway luminaire lets municipalities fully optimize the LED fixture to meet application and project goals.

Cree LEDway Series Street Lights are sold through Cree lighting sales channels. Visit http://www.cree.com/lighting/ledwayseries for more information.

About Cree

Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting and semiconductor products for power and radio-frequency (RF) applications.

Cree’s product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and solar inverters.

For additional product and company information, …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Cooper Lighting Ventus LED Fixtures Provide First High-mast Roadway Illumination for Chubbuck, Idaho

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By Business Wirevia The Motley Fool

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Cooper Lighting Ventus LED Fixtures Provide First High-mast Roadway Illumination for Chubbuck, Idaho Project

LED fixtures provide the required high lumen output and distribution for the 80-foot installation

PEACHTREE CITY, Ga.–(BUSINESS WIRE)– Faced with the task of satisfying both an interstate interchange project requirement to use high-mast lighting and the need to match the color temperature of existing LED fixtures on surrounding roadways, Cooper Lighting, a leader at the forefront of transforming the lighting industry and setting an unmatched standard for innovation and reliability, worked with state officials to find the best solution. With ample illumination, the desired color temperature and providing added energy efficiency savings, the Streetworks Ventus LED luminaire stood out as one of the only acceptable LED solutions to satisfy the Chubbuck, Idaho, project needs.

Cooper Lighting‘s Streetworks Ventus LED luminaires provided the required high lumen output and distribution needed for high-mast lighting needs in Chubbuck, Idaho. (Photo: Business Wire)

The goal of the project was to light a new interstate interchange with LED fixtures and utilize high-mast poles to minimize the number of poles needed in the design. State officials were already familiar with benefits of LED lighting, having used LEDs on previous interchange projects around the state, but using LED fixtures in combination with high-mast poles was uncharted territory.

In addition to being only one of three manufacturers with LED fixtures approved for use on the state highways in Idaho, Cooper Lighting was also the only solutions provider that offered fixtures with sufficient lumen output to be considered per computer lighting simulations. Since this application represented a first in the use of LED fixtures in high-mast lighting, state officials needed to ensure that the product would provide proper illumination compared to the traditional high-pressure sodium (HPS) alternatives, and so a field test site was created at a nearby rest area. This site allowed for an easy comparison of the light output and distribution between 100-foot high-mast poles with 400-watt HPS fixtures and those with the 285-watt Ventus LED fixtures.

“There are three major benefits realized as a result of this test,” says Ethan Griffiths, the principal technician in traffic services for the Idaho Transportation Department. “This includes the reduced power usage while still maintaining similar light levels, a much higher color rendering index (CRI) and longer time frames between required maintenance.”

In this case, the four LED …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Ex-Div Reminder for Hammond Power Solutions

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By DividendChannel.com

On 3/19/13, Hammond Power Solutions Inc. (Toronto: HPS-A) will trade ex-dividend, for its semi-annual dividend of $0.05, payable on 3/28/13. As a percentage of HPS.A’s recent stock price of $9.84, this dividend works out to approximately 0.51%, so look for shares of Hammond Power Solutions Inc. to trade 0.51% lower ? all else being equal ? when HPS.A shares open for trading on 3/19/13.
Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com » …read more
Source: FULL ARTICLE at Forbes Markets