About Pharmaceutical Technologies, Inc.
Pharmaceutical Technologies, Inc. (PTI), has developed an array of products and professional services to enable corporate America to effectively fund the healthcare of their primary asset — their employees and families. PTI pursues opportunities in all segments of pharmacy benefits management and has demonstrated success and growth within each major pharmacy benefit domain.
In 1993, a group of pharmacists in Omaha, Nebraska, set out to challenge the inefficiency and rising costs of pharmaceutical healthcare. They discovered that while the cost of prescription benefits to employers continued to escalate, reimbursement levels to pharmacies for those same benefits were declining. Upon further research, it became clear that employers and health plan sponsors were unaware that there were hidden costs in their pharmaceutical claims, which were independent of the administration fees they were already paying.
The group of pharmacists founded PTI, a company that recognized the opportunity to provide quality pharmacy benefit management services with honesty, integrity, and total disclosure. The company developed a cost containment drug card program that has effectively balanced all parties’ interests, while monitoring plan costs with accurate and reliable decision support products.
As a result of PTI’s growth, two divisions emerged: NPS and the mail order division Integrated HMO (IHMO) Pharmacy. Today, this organization serves more than 3,500 clients, managing the pharmaceutical benefits for members nationwide.