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November 27, 2015 5:12 PM ET


Company Overview of Prime Therapeutics LLC

Company Overview

Prime Therapeutics LLC, an independent pharmacy benefit management company, manages coverage for medicine to health insurers, employers, seniors on Medicare, and individuals. The company processes claims and delivers medicine to its members; and offers clinical services for people with complex medical conditions, such as cancer. Its primary services include benefit design and consultation; and administration, including claims processing. The company also provides pharmacy services, such as home delivery and specialty pharmacy services; and clinical solutions, including formulary development and management, drug safety and quality programs, and clinical analytics/outcomes. Prime Therapeutics ...

1305 Corporate Center Drive

Eagan, MN 55121-1204

United States

Founded in 1998





Key Executives for Prime Therapeutics LLC

Chief Executive Officer and President
Chief Information Officer and Senior Vice President
Vice President, General Counsel and Secretary
Chief Marketing Officer and Senior Vice President
Senior Vice President of Client Services
Compensation as of Fiscal Year 2015.

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.

Prime Therapeutics, LLC and MD Datacor, Inc. Collaborates to Improve Patient Care

Prime Therapeutics LLC (Prime) has entered into a collaborative arrangement with MDdatacor, Inc. The agreement will enable Prime to deliver enhanced drug therapy opportunities to health care professionals enrolled in a pay-for-performance network. Prime will use medical and pharmacy claims data to generate drug therapy opportunities from its GuidedHealth(SM) clinical rules platform. The information is then integrated into MDdatacor's web-based physician portal - MDinsight. Within MDinsight, the data from both platforms will be combined to provide physicians with comprehensive, patient-centered data. The portal will prompt physicians to work with specific patients regarding patient specific drug therapy management opportunities.

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