A pharmicist handing pills over to a customer

In 1992, a group of pharmacists in Omaha, Nebraska conceived a solution to the inefficiency and high cost of pharmaceutical healthcare. The idea was surprisingly simple, but the concept was unique: change the way managed pharmaceutical healthcare operates.

The founders of PTI quickly recognized this as an opportunity to provide quality pharmacy benefit management services with honesty and integrity presented with total disclosure. They discovered that while the cost of prescription benefits to employers continued to escalate, reimbursement levels to pharmacies for those same benefits were declining. Upon further research, it became clear that employers were unaware that there were hidden costs in their pharmaceutical claims, which were independent of the administration fees they were already paying.

PTI® is a second-generation pharmacy benefits management company that was incorporated in 1993.

At that time, PTI acted in a consulting capacity to benefits managers of self-insured, self-directed companies. Because of the founders' pharmacy background, the company was able to develop a cost containment drug card program that incorporated goals to balance all parties’ interests, while monitoring plan costs with accurate and reliable decision support products. That "drug card" is now known industry wide as the NPS Network SmartCard™.

Today, PTI serves over three thousand clients, managing the pharmaceutical benefits for their over 2 million members all across the country.