BeneCard PBF Names Bill Wolfe Senior Executive Vice President of Pharmacy Services

ORLANDO, Fla.--(BUSINESS WIRE)--

Michael Perry, President, BeneCard PBF, is pleased to announce that Bill Wolfe has joined the Prescription Benefit Facilitator (PBF) as the Senior Executive Vice President of Pharmacy Services. With offices in both Orlando, FL and Mechanicsburg, PA, Mr. Wolfe will directly oversee the Clinical, Compliance, Sales and Business Informatics Groups.

Kenneth D. Ullman, Chairman of the Board, BeneCard PBF, noted that Bill has over 25 years of managed care and pharmacy benefit experience and is a recognized and highly regarded leader in the prescription benefits industry. He will help guide BeneCard PBF in moving forward as a change agent in the dynamic landscape of healthcare and we are excited to have Bill join our team. Mr. Wolfe remarked that the proprietary technology platforms the BeneCard PBF team has built under Kenny and Michaels direction is a clear differentiator that compliments the companies vision to transparently align with its clients while containing pharmacy and healthcare costs through improved patient outcomes. Wolfe added, The company is incredibly well positioned to be positively disruptive in the space through a technology based facilitation model that provides the framework to filter information, focus on clinical opportunities and facilitate interaction between physicians, pharmacists and patients. I carefully assessed the market place to be in position to help dramatically change pharmacy care and improve health outcomes and I know I am in the right place.

Mr. Wolfe joined BeneCard PBF after serving as President of Prescription Benefit Management Services at Catalyst Health Solutions Inc., a publicly traded Fortune 500 PBM. Wolfe played a leading role in refining and maintaining the Catalyst brand and its go to market strategy while directly overseeing Clinical, Financial Business Operations/Pricing, Informatics and Business Intelligence, Marketing & Communications, Product Development, and Retail Networks.

In July 2012, Catalyst Health Solutions Inc. merged with SXC Health Solutions.

Prior to joining Catalyst, Mr. Wolfe held executive positions with Rite Aid Corporation, last serving as Senior Vice President of Managed Care and Government Affairs. He initially served as COO of Eagle Managed Care, Rite Aid's PBM subsidiary at the time, where he was instrumental in driving growth and in leading the integration of Eagle into PCS Health Systems, the largest PBM in the country at the time of its acquisition by Rite Aid.

Mr. Wolfe is a graduate of the Pennsylvania State University and The Dickinson School of Law.

BeneCard PBF, a division of Benecard Services, Inc., is based in Orlando, Florida with offices in Pennsylvania and New Jersey. BeneCard PBF combines a 22-year history of administering fixed rate prescription benefit programs with a management team of pharmacists and industry experts who focus on self-funded prescription benefit program administration. The mission of BeneCard PBF is to improve patient health by aligning the mutual interests of payers, pharmacies and providers.

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BeneCard PBF Names Bill Wolfe Senior Executive Vice President of Pharmacy Services