SOURCE: Phoenix Law Group

October 04, 2005 07:00 ET

Pharmaceutical Strategies Group Selects Phoenix Law Group as Law Firm of Record

PSG to Benefit From Specialized Healthcare/Pharmaceutical Law Expertise

SCOTTSDALE, AZ -- (MARKET WIRE) -- October 4, 2005 -- The Phoenix Law Group of Feldman, Brown, Wala, Hall, and Agena (PLG) announced today that they have been selected as the law firm of record for Pharmaceutical Strategies Group (PSG), a pharmacy benefits consulting firm serving managed care organizations (MCOs) and large employers. PLG, a commercial law firm with a practice group devoted exclusively to pharmacy benefits and operations, will provide legal support for business transactions and contracts, as well as counseling PSG on the laws and regulations applicable to pharmacy benefits, including Medicare Part D.

According to PSG Principal, Tim Watson PharmD, MBA, "We retained The Phoenix Law Group because our clients have been asking for more robust legal services. The firm has an outstanding track record in representing national pharmacy benefit management companies (PBMs), pharmacies and a variety of healthcare entities. Their pharmacy benefits and operations team is highly respected in the industry and consistently receives rave reviews on their PBM expertise, practical legal guidance and superior client service."

Welcoming PSG to its pharmacy benefits practice, Laurel I. Wala, a managing member of PLG, states, "We are delighted to provide strategic counsel to PSG and its prestigious MCO and employer clients to help them effectively compete in the new Medicare environment. We continually monitor new industry laws and regulations to ensure that our clients comply with new laws and regulations as they are introduced."

PLG recently launched PLGTRACK.COM, a proprietary online reporting tool that tracks new state and federal laws and regulations for PBMs, pharmacies, drug data companies, and drug wholesalers and distributors that was endorsed by the National Council on Prescription Drug Programs, Inc. (NCPDP).

About Pharmaceutical Strategies Group

Dallas, Texas-based The Pharmaceutical Strategies Group is the nation's largest pharmacy benefits consulting firm serving Blue Cross Blue Shield (BCBS) licensees, managed care organizations, self-Insured employers and government-sponsored programs in numerous areas including PBM operations, clinical pharmacists, financial analysts and public policy/government programs. Serving over 200 clients, representing over 5 million covered lives, PSG consultants enable plan sponsors to gain immediate control over their pharmacy benefit spend, while positioning their program to successfully negotiate future pharmacy benefit challenges. For more information, visit www.aelrx.com or call 800-687-4404.

About The Phoenix Law Group

Scottsdale, Ariz.-based The Phoenix Law Group of Feldman Brown Wala Hall & Agena, PLC is a commercial law firm providing a full range of services including corporate law, mergers and acquisitions, securities, corporate compliance, white collar and criminal defense, commercial litigation and litigation avoidance, and healthcare. The firm's clients include national pharmacies, pharmacy benefit management companies (PBMs), healthcare providers, real estate developers, institutional lenders, and publicly held and emerging growth companies. For more information, visit www.phoenixlawgroup.com or call 480-444-3500.

Contact Information

  • CONTACT:
    Jodi Amendola
    480.664.8412 ext. 11
    Email Contact
    Amendola Communications for Phoenix Law Group