Baroma ACO and Walgreens Collaborate to Reduce Readmissions and Drive Medication Adherence MIAMI, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Baroma, Inc. (OTCMarkets:BRMA) today announced a strategic relationship with Walgreens (NYSE:WAG) (Nasdaq:WAG) that will bring pharmacists and hospital staff together to help reduce re-admissions and increase medication adherence for Baroma's accountable care organization (ACO). Baroma has implemented Walgreens WellTransitions program, a collaborative transition of care program that provides ongoing follow-up and patient support during and after discharge from the hospital, to help achieve its goals for re-admissions and medication adherence, two important criteria outlined under the shared savings initiative with The Centers for Medicare and Medicaid Services (CMS). WellTransitions, launched by Walgreens in 2012, utilizes features such as real-time patient readmission information, root cause analysis and more as part of a multi-step process that spans the discharge period. The program has already proven instrumental in helping hospitals recognize the "triple aim" of greater patient satisfaction, better health outcomes and lower costs. As an Accountable Care Organization (ACO), Baroma has chosen to further develop Walgreens WellTransitions as an ACO-specific tool, with the Walgreens pharmacy team working in collaboration with Baroma Care Navigators and participating physicians to reduce preventable hospital readmission by improving medication adherence. "The health information landscape is fragmented, with individual groups or facilities often knowing only what they have prescribed or what their patients have discussed with them. Now, when a patient is discharged, we can inform our physicians of their patient's medication history. So, as the primary care physician, they can make more informed decisions and can better educate their patients on how they should take their medications. This access to information will help reduce hospital admission caused by medication mismanagement or non-adherence," says Marisela Rodriguez, Baroma's COO. Learn more: www.baromahc.com. About Baroma Baroma, Inc. is a healthcare management company tasked with helping solve today's challenging healthcare puzzle.Having applied its capabilities across unique markets globally, Baroma, Inc. has developed the scalability and resources necessary to overcome the most important challenges in today's evolving healthcare environment. Its subsidiaries, doing business as Baroma Health Partners™, are among the first new Accountable Care Organizations developed as an alternative to the fragmented, high cost healthcare system nationally. Baroma Healthcare International, LLC. is the first Medicare Shared Savings Program ACO in Miami-Dade County Florida – traditionally one of the costliest, per-capita, counties in the country. Baroma, Inc. is determined to be the catalyst for change to a better system of healthcare delivery by enriching the health of our communities though the coordination, integration and accountability of care. Forward-Looking Statements Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements. CONTACT: Investor information: www.baromahc.com firstname.lastname@example.org (888) 315-4490, 115 Baroma, Inc.
Baroma ACO and Walgreens Collaborate to Reduce Readmissions and Drive Medication Adherence
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