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Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America. The company operates in two segments: PBM and HCIT. The PBM services include electronic point-of-sale pharmacy claims management, retail pharmacy network management, mail and specialty pharmacy claims management, Medicare Part D services, benefit design consultation, preferred drug management programs, drug review and analysis, consulting services, data access, and reporting and information analysis. It owns and operates a network of mail and specialty pharmacies. The HCIT solutions include RxCLAIM, an online transaction processing system to provide adjudication of third-party prescription drug claims at the point of service, as well as payment and billing support and real-time functionality for updating benefit, price, member, provider, and drug details. It also provides RxBUILDER, a Web-based interface for formulary creation and maintenance; RxPORTAL, which allows customers to interact with the patient’s formulary and drug history; and RxAUTH, a prior authorization (PA) management solution for automating PA process. In addition, the company offers RxMAX, a rebate management system designed to assist health plans in managing their relationships with pharmaceutical manufacturers; Zynchros, which provides a suite of formulary management tools; and RxTRACK, a data warehouse and analysis system. It serves various organizations in the pharmaceutical supply chain, such as federal, provincial, state and local governments, unions, corporations, pharmacy benefit managers, managed care organizations, retail pharmacy chains, and other healthcare intermediaries. The company was formerly known as SXC Health Solutions Corp. and changed its name to Catamaran Corporation in July 2012. Catamaran Corporation was founded in 1993 and is headquartered in Schaumburg, Illinois.
Our story begins in 2005, with a healthcare professional, Dr. Kathleen Myers. She was hired to help open a new, paperless hospital using multiple EMRs and CPOE. A dedicated emergency medicine physician, she knew that every minute counted and worried that “going paperless” would take valuable time away from patients — which was unacceptable. She challenged herself to find a solution. Her answer was a scribe program. She championed development of this for her emergency department, and scribes quickly became an indispensable part of her practice of medicine. So much so, that Dr. Myers sought the support of like-minded individuals with an entrepreneurial spirit to bring these services to other physicians across the country. This is where the company took root. In 2011, Dr. Myers founded Essia Health (formerly Scribes STAT, Inc.) in Portland, Oregon. As a physician, Dr. Myers’ deep expertise helped her to find the pain points of medical practice —where Essia could be most impactful: premium scribe services and EMR support for healthcare providers. In 2013 she was joined by a leadership team of industry experts to carry out Essia’s mission. The response was tremendous. Today, Essia Health has more than 600 employees partnering with institutions nationwide to empower physicians to focus on the practice of medicine. Recognized as a premier provider of scribe services and EMR support, Essia has won multiple awards for excellence in client satisfaction. We have partnered with multi-state hospital networks, specialty clinics, and multispecialty clinics, and we have managed more than 200 successful EMR Go-Lives. Technological change is important. People are most important. Which is why Essia is proud of a heritage of best-in-class service to help our customers navigate this change effectively. We do this by anticipating and resolving unique challenges with quick, innovative solutions that make technology work for you — and not the other way around! There’s nothing better than working with people who truly speak your language.
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