PharmAvail, a leading pharmacy benefits management (PBM) company, has promoted Rich Adams to President and Chief Operating Officer, effective January 1, 2021.
PharmAvail, a leading pharmacy benefits management (PBM) company, is pleased to announce that President and COO Rich Adams has been recognized with a bronze award for Executive of the Year by Best in Biz, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.
Adams’ accomplishments include expanding PharmAvail’s product portfolio with alternate funding solutions, pharmacogenomics, site-of-care infusions, and a prescription discount card program. He also spearheaded a rebrand, expanded the leadership team, and built a national sales team. In addition, Adams regularly advocates for giving back to the community, including foodbanks, fire relief, a community college association, arthritis foundation, a high school athlete program, and other nonprofits.
“I’m honored to be recognized among incredible leaders across all industries,” said Adams. “This award would not be possible without all of the extraordinary people in our organization who share my passion and vision to transform the pharmacy benefit experience.”
Prior to joining PharmAvail in 2019, Adams served as the Senior Vice President for Kroger Prescription Plans. He holds a master’s degree in health policy from the McCourt School of Public Policy at Georgetown University, an MBA from Alliant University, and a certification in Finance from Stanford Graduate School of Business. Rich serves on the State Center Community College Foundation’s Board of Directors and is an advisor to Teddy Health. He is also a member and regular contributor to the Forbes Business Council.
About Best in Biz Awards
Since 2011, Best in Biz Awards has been the only independent business awards program judged by a who’s who of prominent reporters and editors from top-tier publications from North America and around the world. Over the years, judges in the premier awards program have ranged from Associated Press to the Wall Street Journal and winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world’s most innovative start-ups and nimble local companies. Each year, Best in Biz Awards honors are conferred in two separate programs: North America and International, and in 90 categories, including company, team, executive, product, and CSR, media, PR and other categories. For more information, visit: http://www.bestinbizawards.com.