News Releases and Awards
MedTrak Services Acquires Connect Health Solutions
Overland Park, Kansas – MedTrak Services, a division of EnvisionRx, announced that it has acquired another pharmacy benefit management business, Connect Health Solutions which is located in Denville, New Jersey. Terms were not disclosed.
MedTrak provides a full suite of pharmacy benefit management services tailored to meet the unique needs of middle market self-insured employers. This acquisition expands MedTrak in the northeastern United States. Connect Health Solutions will continue to operate out of its New Jersey location. Connect Health Solutions clients and their members will benefit from the MedTrak service infrastructure and customized clinical programs, as well as gain access to an expanded portfolio of analytics, PBM technologies, and the enterprise purchasing power of EnvisionRx.
“Connect Health Solutions has a client base very similar to MedTrak. They are known for utilizing a membercentric approach, which is critical to MedTrak. This acquisition allows Connect Health Solutions to provide an expanded set of products and services to allow their clients to better compete in our changing health care environment. It helps MedTrak expand our service offering on the east coast as we continue toward our goal of becoming the premiere PBM for mid-market employers across the nation,” said Larkin O'Keefe, CEO, MedTrak.
“Teaming with MedTrak lets us offer the improved products, services and insights our clients need. We are looking forward to partnering with MedTrak as part of the EnvisionRx organization to help small and medium size businesses across the region continue to grow and provide their members with improved prescription coverage and quality care,” said Danny Mathew, PharmD, Director Clinical Initiatives, Connect Health Solutions.
About MedTrak Services
Founded in 1999, MedTrak Services offers pharmacy benefits to middle market self-insured employers. With the flexibility to customize plan designs and clinical programs based on the unique needs of our clients, MedTrak delivers lower costs and excellent customer service. In 2014, MedTrak was purchased by Envision Rx, a wholly owned subsidiary of Rite Aid Corporation. MedTrak is headquartered in Overland Park, Kansas. For more information, please visit our website at www.medtrakservices.com.
About Connect Health Solutions
Connect Health Solutions is a national, full-service pharmacy benefit management (PBM) company serving self-funded employer groups of various sizes and industries located in Denville, New Jersey.