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Walgreens, OptumRx renew agreement

Walgreen Co. has extended its partnership with the pharmacy benefits management company OptumRx for several more years.

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DEERFIELD, Ill. — Walgreen Co. has extended its partnership with the pharmacy benefits management company OptumRx for several more years.

Executives say the extended agreement provides continued, long-term access to Walgreens pharmacy services at more than 7,800 locations nationwide for members of prescription drug benefit plans managed by OptumRx.

“Walgreens offers both the pharmacy and overall health care value sought by PBMs like OptumRx, who are developing differentiated member services and benefits for their clients,” says Kermit Crawford, president of pharmacy, health and wellness at Walgreens.

“We help drive down total health care costs through our industry-leading generic dispensing and conversion rates, and our broad range of additional clinical services and advice that helps improve patient care and health outcomes,” Crawford explains. “We are pleased that OptumRx recognizes the service and value we bring to its clients.”

Executives at OptumRx say the extended agreement ensures that thousands of pharmacy patients have access to high-quality pharmacies that are convenient for them.

“This is a great opportunity to ensure that our current and prospective customers have a broad range of options, including access to premier retail outlets like Walgreens, to help meet their health care needs,” chief executive officer Dirk McMahon says. “Walgreens and OptumRx share a commitment to quality, safety and affordability for all our customers.”

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