ScripNet doesn't want workers' comp providers up on the high wire of health care expense without support. The pharmacy benefit manager (PBM) provides a variety of services to workers' compensation companies. ScripNet provides pharmacy cards to help injured workers get their medications. It also provides a point-of-sale system that allows pharmacies to submit bills electronically, cutting down on administrative costs and supplies payors with reports that help manage workers' compensation costs. Its formulary service determines the most effective drugs available at the lowest prices. Founded in 1997 by CEO Dennis Sponer, ScripNet agreed to be acquired by insurance services provider Healthcare Solutions in 2012.