July 28, 2016 2:12 PM ET

Healthcare Providers and Services

Company Overview of Prime Therapeutics LLC

Company Overview

Prime Therapeutics LLC provides pharmacy benefit management solutions. The company manages pharmacy benefits for health plans, employers, and government programs, including Medicare and Medicaid. It also processes claims and delivers medicine to members, offering clinical services for people with complex medical conditions. The company facilitates members to get personalized support from a team of pharmacists and clinical experts; assists doctors and health care professionals in delivering evidence-based care; and allows employers to enhance employee health. The company was founded in 1998 and is based in Eagan, Minnesota.

1305 Corporate Center Drive

Eagan, MN 55121-1204

United States

Founded in 1998

Phone:

651-286-4000

Fax:

651-286-4263

Key Executives for Prime Therapeutics LLC

Chief Executive Officer, President and Director
Chief Financial Officer
Chief Operating Officer and Senior Vice President of Government Programs
Chief Information Officer and Senior Vice President
Vice President, General Counsel and Secretary
Compensation as of Fiscal Year 2016.

Prime Therapeutics LLC Key Developments

Prime Therapeutics LLC Announces Executive Changes

Prime Therapeutics LLC announced that its board of directors has named Jim DuCharme as president and chief executive officer. DuCharme joined Prime as chief financial officer in 2012. He will assume his new duties on April 20. DuCharme succeeds Eric Elliott, who announced in October that he would be leaving Prime in April to pursue other interests. As CFO, DuCharme has been instrumental in prioritizing strategic financial investments that have supported Prime's growth. Prime's membership grew from 20 million people in 2012 to 26 million members in 2014. DuCharme has had a long and successful career in health care management and financial leadership. Before coming to Prime, he served as CFO and treasurer for Harvard Pilgrim Health Care, Capital District Physicians' Health Plan, and Blue Cross and Blue Shield of Vermont. Earlier in his career, DuCharme also held finance positions at Blue Cross and Blue Shield of Massachusetts.

Prime Therapeutics Promotes Ellyn Hosch to Senior Vice President and Chief Information Officer

Prime Therapeutics announced that Ellyn Hosch has been promoted to Senior Vice President and Chief Information Officer of the company. Hosch has been with Prime since 2008. In her new role, Ellyn will continue to oversee overall planning, development and implementation of Prime's information technology (IT) strategy. Hosch has also held leadership roles at Diversified Pharmaceutical Services, HealthPartners and UnitedHealth Group.

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Recent Private Companies Transactions

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