Focused. Bright. Driven. Innovative. Caring. Those are words often used to describe Jacqueline B. Kosecoff, CEO of Prescription Solutions, one of the nation’s largest pharmacy benefit management (PBM) organizations and a UnitedHealth Group company.
Focused. Bright. Driven. Innovative. Caring. Those are words often used to describe Jacqueline B. Kosecoff, CEO of Prescription Solutions, one of the nation’s largest pharmacy benefit management (PBM) organizations and a UnitedHealth Group company.
Prescription Solutions serves more than 11 million members in the United States. Kosecoff is a renowned expert in clinical and health services research and the co-founder of three companies. She enjoys the health care field because it allows her to combine her love of science with an ability to provide a social good — helping people to live healthier lives while reining in health care costs and expanding access to health care services.
“You can create a great organization if and only if you make sure that the people that are working there have an opportunity to become great,” said Kosecoff.
Under Kosecoff’s leadership, Prescription Solutions has embraced a number of innovative programs designed to keep patients safe and healthy, while reducing costs. She has been the driving force behind the Prescription Solutions Drug Interaction Alert Program (DIAP), which identifies and reduces potentially serious drug- drug interactions (DDI) by using real-time, patient-specific notifications to alert prescribing physicians to significant drug interactions. Emergency room visits and hospitalizations resulting from DDIs cost the health care system an estimated $1.3 billion annually.
Prescription Solutions’ groundbreaking, proprietary program directly addresses the lack of coordinated care that often exists with patients who are under the care of multiple prescribers or are using multiple pharmacies. DIAP has helped resolve potentially dangerous drug-drug interactions for more than 40% of plan members. In addition, some 68% of physicians who returned the provider response form indicated they found the information provided by DIAP useful.
The program was so successful it received a silver medal in the PBM category of the 2009 URAC Best Practices in Consumer Empowerment and Protection Awards.
At the URAC conference, Alan P. Spielman, president and CEO of URAC said, “[Prescription Solutions] has made a difference in the lives of consumers by implementing leading-edge programs with results that matter.”
As passionate about helping women meet their career goals as she is about health care, Kosecoff created the Women in Corporate Leadership Program, serves as a mentor in the U.S. State Department/Fortune Women Mentorship Program and is a member of the Trusteeship for the International Women’s Forum and the Committee of 200.
“The most important bit of advice I have for the next generation of women entering health care or other professions is I would do three things,” she said. “The first thing is make sure you like the profession and the problems it solves. The second is make sure you understand what you want to be within that profession and what skill sets and experiences you need to get there. And the third is do not think you can have it all at once, particularly for women who aspire to have husbands, families, and careers. That takes a certain sort of maturity that women need to think about in advance.”
Company:Prescription Solutions
Headquarters: Irvine, CA
Website: www.PrescriptionSolutions.com
No. of employees: 4,500
Nature of business: Prescription Solutions offers a sophisticated array of high-quality pharmacy benefit management (PBM) services, including retail pharmacy network claims processing, mail order pharmacy, specialty pharmaceutical management, and clinical programs.