HospiScript Named Pharmacy Benefits Manager for Harden Healthcare

MONTGOMERY, Ala.--(BUSINESS WIRE)--

HospiScript Services, a wholly owned subsidiary of Catalyst Health Solutions, Inc., CHSI recently announced that HospiScript has been selected as the exclusive provider of pharmacy benefit management (PBM) services to all of Harden's home and facility-based hospice patients. With services including home health, hospice care, assisted living, skilled nursing and rehabilitation, Harden's family of companies serves almost 40,000 patients a day in 14 states.

“With the selection of HospiScript, we will be serving our patients, and their families, with what we feel are the best hospice-focused PBM services in the country,” said Chris Roussos, Chief Operating Officer of Harden Healthcare and President of the company's Hospice division. “The needs of the hospice patient are highly specialized and HospiScript's dedication and focus in this area is second to none.”

“We are honored to have been selected as Harden Healthcare's PBM partner and feel our best-in-class pharmacy benefit solutions will further enhance the quality services that Harden Healthcare offers to its patients,” said Dr. Javier Gonzalez, President and COO of HospiScript Services. “We will continue to innovate and provide effective and smarter pharmacy benefit solutions which are both clinically and cost effective for our clients in the hospice market space.”

Under the terms of the agreement, which is effective March 12, 2012, HospiScript will provide local access to prescription medications, industry leading analytics and expert clinical consultation to the nearly 2,400 hospice patients that Harden currently serves.

About HospiScript (www.hospiscript.com)

Since 1995, HospiScript Services has advanced the role of pharmacy benefit managers by delivering a comprehensive hospice solution that is simple-to-use, care-focused and cost-effective. HospiScript has a proven track record of helping clients with the challenges of providing optimal care when reimbursements decline, maintaining compliance with Medicare Hospice Conditions of Participation (CoPs) and improving operational efficiencies while balancing multiple responsibilities. HospiScript solves these problems through its comprehensive set of integrated solutions and simplifies the way hospices manage pharmacy benefits by leveraging its expertise, services and technology.

About Catalyst Health Solutions, Inc. (www.chsi.com):

Catalyst Health Solutions, Inc., the fastest growing national PBM in the U.S., is built on strong, innovative principles in the management of prescription drug benefits and provides an unbiased, client-centered philosophy resulting in industry-leading client retention rates. The Company's subsidiaries include Catalyst Rx, a full-service pharmacy benefit manager (PBM) serving more than 18 million lives in the United States and Puerto Rico; HospiScript Services, LLC, one of the largest providers of PBM services to the hospice industry; FutureScripts, LLC, a full-service PBM serving approximately one million lives in the mid-Atlantic region; and a fully integrated prescription mail service facility. The Company's clients include self-insured employers, including state and local governments, managed care organizations, unions, hospices, third-party administrators and individuals.

About Harden Healthcare

Based in Austin, Texas, Harden Healthcare is a leading senior healthcare services provider. With services including home health, hospice care, assisted living, skilled nursing and rehabilitation, Harden serves the entire post-acute continuum of care. The company strives to provide the best care for its patients, and a sense of pride and purpose for its associates. Today, Harden's family of companies serves almost 40,000 patients a day in 14 states.

Forward-Looking Statements

This press release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks and uncertainties that might materially affect our results, particularly those risks referred to in our Annual Report on Form 10-K for the year ended December 31, 2011, under "Item 1A. Risk Factors." Readers are urged to carefully review and consider the various disclosures made in our Annual Report on Form 10-K, our Forms 10-Q, and our other filings with the Securities and Exchange Commission that attempt to advise interested parties of the risks and uncertainties that may affect our business. Catalyst Health Solutions, Inc. does not undertake any obligation to update forward-looking statements, whether as a result of new information, future events, or other developments.