Benecard Services Inc. has a new president and chief executive officer.
Benecard, Orlando, has named Drew Crawford to lead the company. Benecard is an administrator of prescription benefits and services to public and private plan sponsors.
Crawford was formerly employed by Caremark Rx, Inc.
At Caremark, Crawford was responsible for underwriting, analytic and outcome operations of the company’s pharmacy benefits management business, including its specialty pharmacy and disease management units. Crawford also led valuation, purchase and integration teams for the company’s major transactions including its 2004 acquisition of Advance PCS; and the company’s 2007 merger with CVS Corp., which created CVS Caremark.
Most recently, Crawford served as a principal with Crawford-Ross, a healthcare private equity joint venture.
–Warren S. Hersch