ACS Wins Ohio BWC Pharmacy Mgmt. Contract

ACS (NYSE: ACS), a provider of business process and information technology outsourcing, announced yesterday that it has been awarded a one-year contract with the Ohio Bureau of Workers' Compensation (BWC) to provide pharmacy benefit management (PBM) services. The contract is valued at $4.5 million if all four, one-year contract renewal options are exercised. ACS will perform on-line adjudication of medication bills at the point of service, ensure that medications reimbursed are medically necessary, implement a prior authorization system, contract and administer a BWC-specific network, perfor...