Argus makes new deal with Humana

Humana Inc. has chosen Kansas City-based Argus Health Systems Inc. to process pharmacy claims for 4.3 million members of the health network.



The contract covers members of Humana who are covered through commercial employers or Medicare. The deal comes about a year after Argus lost the pharmacy claims business for 2.7 million military members of Humana, said Dick Brown, a Humana spokesman.



An Argus official declined to comment.



The new contract takes effect in September, at which time Argus would succeed Caremark Inc. Argus will provide pharmacy claims processing, reporting and benefits administration services to Humana under the agreement.



The companies did not disclose financial terms of the agreement.



Argus is jointly owned by DST Systems Inc., a Kansas City data-processing company, and Financial Holding Corp., parent company of Americo Life Inc., which is a Kansas City-based insurance holding company.



0 comments: