SOURCE: Excelsior Solutions

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December 01, 2009 08:30 ET

Excelsior Solutions Sets New Standard in Pharmaceutical Consulting

Minnesota-Based Company Offers Industry-Leading Services, Approach

EXCELSIOR, MN--(Marketwire - December 1, 2009) - Growing pharmaceutical consulting firm expands into national market with a diverse range of services and a strong commitment to fair practices.

Excelsior Solutions, LLC is a Minnesota-based pharmaceutical consulting firm that specializes in creating customized medication management solutions to help health care payers reduce costs. Excelsior Solutions offers expertise in outpatient prescription benefit management ("PBM") programs and inpatient (physician-administered) medications. In addition, the firm is on the cutting edge of managing other emerging medical costs, such as radiology benefits.

As the only pharmaceutical consulting firm that serves only managed care clients, Excelsior Solutions is able to thoroughly analyze its clients' claim sets, and offer innovative, cost-saving PBM solutions. The company's unique position as a third-party evaluator allows Excelsior Solutions to negotiate cost savings with clients' existing vendors.

"This is significant because many pharmaceutical consulting companies are focused on getting their clients to switch vendors," says Kenneth Dowell, founder and CEO of Excelsior Solutions. "This can lead to fewer prescription options for physicians and consumers. That's why Excelsior Solutions focuses on recommending solutions, instead of recommending specific vendors."

The company's innovative approach is matched by its innovative services. In addition to PBM, Excelsior Solutions can help payers evaluate and reduce costs for specialized medications, such as those that are administered by physicians in a clinical setting. Further, Excelsior Solutions is an industry trailblazer in managing the costs of radiology benefits, which represent the fastest-growing cost for health care payers today.

To learn more about Excelsior Solutions, or to request an interview, please contact Kenneth Dowell at ken@excelsiorsolutions.com, or learn more online at www.excelsiorsolutions.com.

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