Kaplan EduNeering and Pharmacy Benefit Management Institute (PBMI) Develop Alliance...

Kaplan EduNeering and Pharmacy Benefit Management Institute (PBMI) Develop Alliance to Support Learning in the Healthcare Industry

PRINCETON, N.J. & SCOTTSDALE, Ariz.--(Business Wire)--
Kaplan EduNeering, a leading provider of compliance and knowledge
management solutions, and the Pharmacy Benefit Management Institute,
LP (PBMI) have formed an alliance to provide learning solutions for
professionals involved in the delivery of drug benefit programs. Under
the alliance, Kaplan and PBMI will develop a unique curriculum for
human resource executives, benefit professionals, pharmacy benefit
managers (PBMs) and managed care professionals.

"Our alliance will create online courses for organizations
involved in managing the drug benefit for group health and Medicare
Part D beneficiaries as well as specialized populations including
Medicaid and workers compensation," said Martha Braunstein, Senior
Vice President and Healthcare Practice Leader for Kaplan EduNeering.
"The training solutions will enable our health plan clients and PBMI
customers to improve their benefit programs, business performance and
customer service while also achieving compliance with the newest
Centers for Medicare and Medicaid Services (CMS) requirements."

"Stakeholders in the pharmacy benefit arena are committed to
working effectively with their partners and customers to better manage
drug benefit programs," said Dana H. Felthouse, MBA, president of
PBMI. "Through our partnership with Kaplan, PBMI will be able to offer
more adult learning tools."

In addition to new pharmacy benefit learning content, PBMI members
and customers will have access to Kaplan EduNeering's library of
health care, risk management and human resource development libraries.
These libraries contain more than 100 courses on subjects ranging from
Health Insurance Portability and Accountability Act (HIPAA) and
Medicare Part D to employee relations and performance management.

About Kaplan EduNeering

Kaplan EduNeering (www.kaplaneduneering.com) is part of Kaplan,
Inc., a leading global provider of educational services to
individuals, schools and businesses. Kaplan is a subsidiary of The
Washington Post Company (NYSE: WPO). Kaplan EduNeering develops
technology-enabled knowledge solutions for assuring regulatory
compliance and improving business performance. Kaplan EduNeering is
headquartered in Princeton, NJ, and has offices in Eatontown, NJ,
Houston, TX, Bloomsburg, PA, and London, UK.

About PBMI

The Pharmacy Benefit Management Institute (www.pbmi.com) provides
research, continuing education, and Web resources to help health care
benefit executives work effectively with their pharmacy benefit
managers to improve the design and management of drug benefit
programs.

For Kaplan EduNeering
Ellen Leinfuss, 609-627-5390
ellen.leinfuss@kaplan.com
or
For PBMI
Maggie Bruce, 480-730-0814
mbruce@pbmi.com

Copyright Business Wire 2008