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Business Update
Matrix Healthcare Services rebrands to myMatrixx, focuses on pain management costs
May 18th, 2006
Matrix Healthcare Services, Inc. has rebranded to myMatrixx and focused on pain outcomes. Since 2001, the company has provided pharmacy benefits management to self-insured employers, third party administrators, managed care companies, and workers' compensation and auto insurance companies. MyMatrixx now provides a electronic access to fulfill, track and manage pharmacy orders to benefits providers. Last year, the company processed pharmacy claims for more than 150 companies. Ninety-two percent of all medications were related to an injury and used to treat pain. If a patient develops chronic pain (defined as duration greater than 6 months), the...
Source: Biotech Business Week (2006-05-18)
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