HomeMy WebLinkAboutContract 46250-T1 FORT WORTH® CONTRACT AS -71
June 21, 2017
Mr. Matthew A. Gibbs, Pharm D.
Chief Commercial Officer
Envision Pharmaceutical Services, LLC
2181 East Aurora Road
Twinsburg, OH 44087
Certified Mail No.: 7016 0600 0000 4874 8128
And email OFFICIAL RECORD
Re: Notice of Intent Not to Renew CITY SECRETARY
Dear Mr. Gibbs,
FT.WORTH,TX
This correspondence is sent regarding management of the City of Fort Worth's (the "City") pharmacy
benefits plan. Currently the City and Envision Pharmaceutical Services, LLC are parties to a Pharmacy
Benefit Management Services Agreement (Fort Worth City Secretary Contract 46250, as amended by Fort
Worth City Secretary Contracts 46250-A1). The Initial Term of the agreement, as amended, expires
December 31, 2017,
The City working.through its consultant the Trion Group, reviewed its pharmacy benefits plan in an effort to
reduce City costs while generally maintaining benefit levels. Envision participated in that process but could
not match the more advantageous price and service offerings available with Optum Pharmacy Consortium.
Because the new provider will allow the City to achieve substantial cost savings on its pharmaceutical
expenditures, the City has decided to begin processing claims through the new vendor effective October 1,
2017. In accordance with the agreement between Envision and the City, the initial Term of the contract
runs through the end of the current year (December 31, 2017), and the City will continue to pay Envision's
monthly administrative fee and other applicable fees through the end of the Initial Term in accordance with
Exhibit 1 of the agreement, as amended.
In accordance with Section 6.1 of the agreement between Envision and the City, the contract automatically
renews unless one of the party's provides written notice of non-renewal at least ninety (90) days prior to the
end of the then-current term. Therefore, as provided in Section 6.1, the City hereby provides Envision
with written notice of the City's intent not to renew the Pharmacy Benefit Management Services
Agreement at the end of the current, Initial Term,which expires December 31, 2017.
On behalf of the rity, I would like to express my appreciation for the relationship with your company over
the years a d wi h you all the best in the future.
Sin erel ,
�S
N
u n Ian' �C
ssistant y Manager
c: Carolyn Sarkisian, Account Executive via email
Brian Dickerson, Director, Human Resources Department
Mary J. Kayser, City Secretary
Denis McElroy,Assistant City Attorney, City of Fort Worth
CITY MANAGER'S OFFICE
CITY OF FORT WORTH * 1000 THROCKMORTON STREET' * FORT WORTH,TEW 76102
817-392-6111 * Fax 817-392-6134
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