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Mesfin Tenegu, MS, RPh - President, PerformRx Division

Mesfin Tegenu, MS, RPh
President, PerformRx Division

Mesfin Tegenu is President of PerformRx, the pharmacy benefit management division of the AmeriHealth Mercy Family of Companies. PerformRx currently provides pharmacy focused administrative, operational, product cost control, and utilization management services to more than two million individuals nationwide. With almost 20 years of experience in managed care pharmacy practice, Mr. Tegenu provides vision and general guidance for PerformRx's operations. In addition, Mr. Tegenu is responsible for growing business opportunities within the existing client base, as well as developing new business interests nationally.

Mr. Tegenu, with the help of an energetic and creative staff, created PerformRx after successfully developing a comprehensive in-house pharmacy benefit management program for Keystone Mercy, which generated over one hundred million dollars in savings in five years.

Mr. Tegenu also directed the inception and development of PerformRx's Medicare Part D program. In 2006, PerformRx entered into the Medicare market, offering Part D services across the country. Through his continuous quest for excellence, Mr. Tegenu has managed to make PerformRx among the first URAC accredited PBMs in the country. Mr. Tegenu has unique expertise in the pharmacy benefit management landscape, both in commercial and government funded industries. This has been a guiding force in the growth and expansion of PerformRx’s services.

In addition to his New York State Pharmacy license, Mr. Tegenu holds a Bachelor of Pharmacy degree from Addis Ababa University, Addis Ababa, Ethiopia, and a Masters of Science degree from St. John's University, Jamaica, New York.
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