Pfizer Optimistic On Florida Medicaid Program As State Moves To Let Contract Expire
This article was originally published in The Pink Sheet Daily
Executive Summary
Legislation signed by Gov. Jeb Bush would end the Pfizer "Healthy State" program when the contract expires in September 2005. A state report suggests savings from the program have barely exceeded costs. Pfizer expects a report due in August to prove the value of its disease management initiative.
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Pfizer Florida Medicaid Program Yields Savings Of $42 Mil. After Two Years
The company expects that the savings data exceeding the program's original goal will support a legislative change allowing Medicaid disease management programs in lieu of supplemental rebates to continue. The "Healthy State" initiative is slated to expire in September 2005.