Specialty pharmacies positioned to play valuable role in growing accountable health care marketplace PR Newswire WASHINGTON, Oct. 9, 2012 URAC's Specialty Pharmacy Accreditation program recognizes organizations that meet highest quality management, consumer protection and empowerment and patient safety standards WASHINGTON, Oct. 9, 2012 /PRNewswire-USNewswire/ -- More than 100 new CMS Shared Savings accountable care organizations have come online in 2012, joining at least that many ACOs in the private sector in a test of whether a focus on the health of a defined population can improve health outcomes and lower health care costs. As ACO providers search for partners to achieve better population health, specialty pharmacies are positioned to collaborate and bring targeted expertise in ensuring drug regimens are properly managed—for better health outcomes and lower costs. (Logo: http://photos.prnewswire.com/prnh/20100422/URACLOGO) Spending on specialty drugs topped $50 billion in 2010, and is expected to represent 40 percent of health plan drug spending by 2020. The Center for Medicare & Medicaid Services defines a specialty drug as one that costs more than $600 per month. Specialty drugs may also be defined by their narrow use to treat specific, mainly chronic, and often rare conditions; special handling required; and the need for patient counseling in their use. With these highly specialized drugs comes the need for a more specialized pharmacy to manage the demanding clinical and patient safety aspects required for their safe and effective use. "Specialty drugs are a rapidly growing area of health care, and will continue to grow with increasing attention to patient management in transitions between care settings and the emphasis on lower costs through higher quality," said Janice Anderson, RPh, director of pharmacy programs of URAC. "ACOs are envisioned to create a medical neighborhood in which high-quality providers collaborate to improve the health of a population. URAC's Specialty Pharmacy Accreditation offers assurance that organizations meet the highest standards in the industry for quality management, patient safety, and prescriber and consumer communication." Specialty pharmacies with URAC accreditation or that are in-process include: oAccredo Health Group, Inc. oAcro Pharmaceutical Services oApothecary Shop of Deer Valley, Inc. and Greater Sacramento Pharmacy, Inc. oASAP Pharmacy oAxium Healthcare Pharmacy, Inc oBank's Apothecary oBergen Pharmacy oBiologics, Inc. oBioPlus Specialty Pharmacy Services, Inc. oBioScrip, Inc. oBlount Discount Pharmacy oBluegrass Pharmacy of Lexington, LLC oBrame Huie Pharmacy oBurman's Specialty Pharmacy, LLC oCaremark Rx, LLC oCareMed Pharmaceutical Services oCentric Health Resources oCommcare Pharmacy oCoramRx oCuraScript oCystic Fibrosis Services oDDP Pharmacy, Inc. oDiplomat Pharmacy, Inc. oFairview Pharmacy Services oFast Access Specialty Therapeutics oFresenius Medical Care Rx LLC oGiannotto's Pharmacy oHPC NC Inc oHumana, Inc. oICORE Healthcare oJosefs Pharmacy LLC oJVJ Pharmacists, Inc. dba University Chemists oKaiser Foundation Health Plan, Inc. oKCC, Inc. dba Vital Care Rx oKerr Health LLC oKings Pharmacy LLC oLivingston Infusion Care, Inc., dba Discover Rx Infusion & Specialty Pharmacy oLongs Drugs of Lexington, SC Inc. oMain Street Pharmacy oMast Drug Company, Inc. oMedCart Specialty Pharmacy oMedfusionRx, LLC oMEDIC SPECIALTY PHARMACY oMedicine Shoppe Pharmacy oMedPro Rx Inc. oNoble Health oNovant Specialty Pharmacy oOncologyRx Care Advantage oOncoSource Rx oOptumRx, Inc. oOrchard Pharmaceutical Services, Inc. oPark Pharmacy oPharmaceutical Specialties, Inc. oPharmacy Advantage oPharmaHealth Pharmacy oPiedmont Hematology and Oncology Associates oPortland Professional Pharmacy Associates dba Ascend SpecialtyRx oPremier Kids Care, Inc. oPrime Aid Pharmacy, Inc oReeves-Sain Drug Store, Inc., dba EntrustRx oReliance Rx oTranscript Pharmacy oTyro Family Pharmacy oUNC Health Care System oUS Bioservices - An Amerisource Bergen Specialty Company oValue Specialty Pharmacy oVanderbilt Outpatient Pharmacy oVillage Fertility Pharmacy oWalgreens Specialty Pharmacy LLC oWal-Mart Specialty Pharmacy About URAC URAC, an independent, nonprofit organization, promotes health care quality through its accreditation, education and measurement programs. URAC offers a wide range of quality benchmarking programs and services that keep pace with the rapid changes in the health care system and provides a symbol of excellence for organizations to validate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC ensures that all stakeholders are represented in establishing meaningful quality measures for the entire health care industry. For more information, visit www.urac.org.  URAC white paper, "The Patient-Centered Outgrowth of Specialty Pharmacy." URAC, 2012. SOURCE URAC Website: http://www.urac.org Contact: Jessica Lutz, +1-202-326-3967 or email@example.com
Specialty pharmacies positioned to play valuable role in growing accountable health care marketplace
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