Dennis M. Sponer founded ScripNet in 1997 to control the exponential growth in pharmaceutical costs borne by the workers’ compensation insurance system. An attorney by training, Dennis practiced contract and health care law in California and Nevada launching ScripNet.
ScripNet manages the pharmaceutical costs of some of the largest employers and property and casualty insurers in the nation. Through ScripNet’s proprietary electronic billing system and its proprietary contracted network of pharmacies, insurers save money and efficiently receive prescription medications for covered individuals. ScripNet was named to the Inc. 500 list of the fastest growing companies in the U.S. five times. In September 2012, Dennis sold ScripNet to Healthcare Solutions which was ultimately acquired by UnitedHealth Group.
Dennis obtained his Juris Doctorate (J.D.) from Brigham Young University where he served as Note and Comment Editor of the BYU Law Review. Afterwards, he attended the University of San Diego School of Law where he obtained a Master of Laws in Taxation (L.L.M.) before returning to his hometown of Las Vegas. He was named to InBusiness Magazine’s annual Top 40 under 40 list and was chosen as InBusiness’ Entrepreneur of the Year.
Dennis is licensed as an attorney in California and Nevada. He is a past President of the Las Vegas Chapter of the Entrepreneurs’ Organization and is a graduate of Leadership Las Vegas. Dennis is most proud of the fact that ScripNet was named by Business Insurance Magazine as one of the United States’ Best Places to Work in Insurance two years in a row!
After selling his company, Dennis returned to school and was awarded an MBA from NYU Stern School of Business. He now consults with and invests in various technology, pharmacy and hospitality enterprises.