Specialty pharmacies positioned to play valuable role in growing accountable health care marketplace

 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.[1] 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.

[1] 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 jlutz@urac.org