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Perfect Building Maintenance company history timeline

1923

In 1923, David Mager set out with a bucket and squeegee and launched PBM. His vision was clear – provide an exceptional customer experience with unmatched services.

1998

August 28, 1998: Prime Therapeutics Inc. opens for business with Steven S. Martin as president and CEO. The unique model brings together health plans with their PBM to control total cost of care.

2000

2000 Introduced an electronic work order system–which evolved into PBMate, a robust technology platform with 7 modules to streamline and better manage operations.

2003

2003 PB Protection created, allowing PBM to strategically expand its offerings and provide quality security services for commercial facilities.

2004

April 1, 2004: Prime opens PrimeMail® in Irving, Texas, shipping over 1 million prescriptions that first year.

2005

November 1, 2005: After outgrowing the facility on Woolworth Avenue in Omaha, Nebraska, Prime’s 175 contact center employees move to their current location on Farnam Street.

2006

October 2, 2006: Prime’s new 104,000 sq. ft. headquarters in Eagan, Minnesota opens.

2006: Prime becomes the seventh largest PBM in the first year of the Medicare Part D program.

2008

March 24, 2008: Prime launches Triessent™, a complete specialty pharmacy management services program.

August 1, 2008: With employment at Prime growing at double-digit rates, Prime leases space in the Normandale Lake Office Park, Bloomington, Minnesota.

2010

November 3, 2010: Prime introduces “be well” for employees, offering wellness screenings, health coaching, classes and more.

2011

September 22, 2011: Prime introduces CareCentered Contracting™, an innovative value-based contracting program.

2013

Early 2013: Under new CFO Jim DuCharme, Prime introduces the Financial Value Statement. “None of our competitors come close to providing the level of financial disclosure Prime provides,” says DuCharme.

Early 2013: Prime’s Medicare enrollment exceeds 1 million people.

2015

March 18, 2015: Thanks to the strength of our Blue Plans, Prime is the largest PBM serving the Health Insurance Marketplace (HIM) in its first year of operation.

2015 PBM Painting was established to accommodate the growing demand for high-quality new construction painting, wood restoration and staining and wall paper hanging.

2016

August 29, 2016: Walgreens and Prime announce a strategic collaboration, creating a new model that aligns the pharmacy, PBM and health plans for the first time.

2016 Recognizing a client need, PBM Metal & Marble was started as a specialized division to provide skilled restoration, rejuvenation and maintenance for a full range of luxury surfaces.

2017

April 3, 2017: AllianceRx Walgreens Prime hits the market as one of the largest central-fill specialty and home delivery pharmacies in the United States.

2018

January 2018: Covered lives surpasses 27 million people.

2019

January 1, 2019: Prime begins the year with more than 28 million members across all lines of business.

2021

© 2021 Prime Therapeutics LLC, All Rights Reserved.

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Founded
1923
Company founded
Headquarters
New York, NY
Company headquarter
Founders
Gregory Hummer,John Guiher
Company founders
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Perfect Building Maintenance competitors

Company nameFounded dateRevenueEmployee sizeJob openings
American Maintenance1975$100.0M2,000-
Harvard Maintenance1961$280.0M4,30078
OR-L1990$210.0M750-
Servicon1973$120.0M1,52052
Aetna Maintenance Inc1986$47.0M50-
USSI1912$54.5M3,000-
The DM Burr Group1998$34.0M3,00048
Pmm Companies-$1.8M515
Guardian Service Industries1918$170.0M3,00037
Kellermeyer Bergensons Services1967$560.0M7,500431

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Perfect Building Maintenance may also be known as or be related to PBM, PBM LLC and Perfect Building Maintenance.