WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Dec. 12, 2016--
Universal American Corp. (NYSE:UAM) announced today that the Accountable
Care Coalition of the Tri-Counties, a Medicare Shared Savings Program
ACO formed with primary care physicians in Charleston, South Carolina,
will conduct a pilot with a network of independently-owned pharmacies.
The pharmacies are part of Community PerformanceRx MSO, the first
nationally-integrated pharmacy management services organization (MSO)
and a wholly owned subsidiary of PrescribeWellness.
Primary care physicians of the ACO will collaborate with independent
community pharmacies to demonstrate that a comprehensive care model that
includes pharmacies drives better patient health outcomes and improves
preventive care. The physicians and pharmacists will share patient data
and engage in frequent communication to offer evaluation of polypharmacy
risk and predictive outcomes among beneficiaries in the ACO.
Michael Barrett, senior vice president, Southeast Region for
Collaborative Health Systems, a subsidiary of Universal American, and
member of the governing body of ACC of the Tri-Counties, spoke about the
pilot. “We are eager to launch a pilot that encourages primary care
physicians and pharmacies to work together. The medical community
struggles with managing medication from a cost and patient safety
perspective. We believe these challenges can be addressed through closer
collaboration between physicians and pharmacists given the invaluable
role pharmacists play in supporting patients’ health.”
Mindy Smith, vice president of Pharmacy Practice Innovation for
PrescribeWellness, further spoke about pharmacists in the value-based
care environment. “Pharmacists offer expertise in medication
optimization and polypharmacy risk assessment. They also have strong
loyalties within their community that can help address patient
engagement problems common among the Medicare population. As healthcare
shifts from fee-for-service to value-based models the focus is on
driving higher quality and reducing unnecessary costs. The pilot is an
exciting opportunity to leverage the skills and relationships of
independent community pharmacies to achieve these goals in partnership
with ACO primary care physicians.”
Community PerformanceRx is seeking to build partnerships in a variety of
reimbursement models, including risk sharing. The pilot is expected to
open the doors to discussions with additional ACOs, Medicare Advantage
plans, Medicare Part D plans, Independent Physician Associations (IPAs),
collaborative care model commercial plans, self-insured employers, and
physician MSOs who are or will be taking pharmacy cost risk.
About Universal American Corp.
Universal American (NYSE:UAM), through our family of healthcare
companies, provides health benefits to people covered by Medicare. We
are dedicated to working collaboratively with healthcare professionals,
especially primary care physicians, in order to improve the health and
well-being of those we serve and reduce healthcare costs. For more
information on Universal American, please visit our website at www.UniversalAmerican.com.
About Collaborative Health Systems
Collaborative Health Systems (CHS), a Universal American company (NYSE:
UAM), is a management services organization that partners with primary
care physicians as they move to value-based payment systems. Our core
belief is that primary care physicians are in the best position to
influence the quality and cost of healthcare. CHS provides comprehensive
support for its physician partners by providing actionable data to help
coordinate care and helping practices change behavior to meet the new
quality requirements of the value-based payment system.
CHS currently manages one Next Generation ACO Model, and 22 MSSP ACOs,
with approximately 5,000 providers, mostly primary care physicians,
covering 239,000 Medicare beneficiaries. For more information, visit www.CollaborativeHealthSystems.com.
About Community PerformanceRx MSO, LLC
Community PerformanceRx MSO (CPRx) is a wholly owned subsidiary of
PrescribeWellness. CPRx is the first national technologically integrated
pharmacy network MSO willing and able to share in the pharmacy risk
costs associated with risk sharing reimbursement models. The technology
platform, developed for PrescribeWellness, allows for the preservation
of the independent practice of pharmacy to further strengthen the
relationships of the community pharmacists and members.
inspires collaboration for better health across America. Its proprietary
cloud-based platform empowers pharmacies and other healthcare
professionals to provide more effective, preventive healthcare services,
which improve medication adherence, chronic disease management,
transitions in care, and population health. With data integration and
behavioral science at the foundation, PrescribeWellness software
solutions position the pharmacist at the center of community healthcare
prevention. Inc. 5000 named PrescribeWellness one of America’s Fastest
Growing Privately-Held Companies for the past two years. For more
information, please visit our website at www.prescribewellness.com.
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Source: Universal American Corp.
Collaborative Health Systems
Sarah Bell, 914-597-2908
Investor Relations Counsel:
The Equity Group
Fred Buonocore, 212-836-9607
Mindy Smith, 703-927-2288
VP of Pharmacy