14 Feb 2022

CobaltRx joins ELMCRx Solutions Expanding the Auditing and Analytics Capabilities

East Norriton, PA  – ELMC Rx Solutions, LLC (“ELMCRx”), a subsidiary of ELMC Risk Solutions, LLC, is pleased to announce that it has acquired CobaltRx, aka Benefit Data Services, LLC, effective January 1, 2022. Ginger Campbell, President of CobaltRx, will continue to lead this new division of ELMCRx. The addition of Campbell and the CobaltRx team enhances ELMCRx’s reputation as a leader in providing comprehensive PBM management services and strengthens ELMC’s growing portfolio of consulting, cost containment, clinical management, auditing and analytics services.

Ms. Campbell is a well known industry veteran with extensive experience in working with self-insured employers, labor trust funds, public sector markets, TPAs, and health systems. The CobaltRx team will work closely with ELMCRx’s PBM Consulting Practice Leaders, John Adler and Bob Eisendrath.

Ms. Campbell has more than 30 years of employee benefits, PBM consulting and management experience, including four years as the president and founder of CobaltRx. Prior to founding the company, she spent more than ten years with ESI launching and expanding new sales markets in sixteen states. In her fifteen year consulting career at BancorpSouth Insurance, she developed and managed the auditing and analytics division.

Richard J. Fleder, CEO of ELMC, stated “Ginger’s detailed knowledge of PBM auditing will allow us to serve these clients with the highest standards of integrity, quality, professionalism, and performance.”

John Adler, President of ELMCRx Solutions is enthusiastic about bringing the CobaltRx team aboard, “We have great respect for CobaltRx and believe their auditing and analytics skills complement ELMCRx’s strengths. Their knowledge, combined with our consulting and cost containment platform will broaden our appeal to the market.”

Ginger Campbell agrees, “Joining the ELMCRx team will bring numerous benefits to both companies’ clients and consultants. ELMCRx’s resources will allow us to focus on delivering comprehensive best in class solutions to the marketplace. We are particularly impressed with their client-focused approach and are excited about becoming part of the brand”.