FLORHAM PARK, NJ - (Marketwired - Apr 1, 2014) - Armada Health Care (Armada), the nation's largest specialty pharmacy group purchasing organization (GPO), is pleased to announce a new partnership with BrightStar Care, a home care and medical staffing solutions provider. The relationship will further enhance Armada's ability to offer practical solutions to its specialty pharmacy members and manufacturer clients.
The partnership will benefit Armada's member specialty pharmacies by providing them with a national solution for infusion and other in-home nursing services related to the administration of specialty medications. Through Armada's specialty pharmacy GPO program, member pharmacies will have access to preferred rates for a full range of in-home nursing services around the clock. Armada's manufacturer partners will have the opportunity to benefit from enhanced program capabilities and new contracting options from this added service model.
This additional service option fills a great need for pharmacies that may not be equipped to provide in-person, high-touch services to patients at home. Through over 260 BrightStar Care locations nationwide, these providers can incorporate a clinically based model of care that includes director of nursing oversight and patient care provided by RNs, LPNs, and CNAs into their business strategies.
"Armada has the largest network of specialty pharmacies in the nation, and can offer BrightStar Care instant access to the entire specialty pharmacy market literally overnight. The partnership with BrightStar Care is a natural fit," notes Larry Irene, CEO, Armada Health Care. "Most of the patients using specialty drugs have comorbidities, so having access to nurses who can assist clients at home makes a lot of sense. Site of service can negatively impact cost and is a growing concern as it relates to the administration of specialty medications -- so making some of these services available at home versus in a hospital setting can provide cost savings and be a benefit to the patient as well."
"We are very excited about the potential we see as we begin our relationship with Armada Health Care," says Jayson Pearl, chief brand officer, BrightStar Care. "We see tremendous opportunity in offering the BrightStar Care model of quality medical and non-medical home care to the leading pharmacy providers that are members of the Armada Specialty Pharmacy Network."
Armada Health Care, LLC (Armada) is the industry's largest specialty pharmacy group purchasing and contracting organization. Armada provides comprehensive and cost-effective access to the nation's $100 billion specialty pharmacy industry. The company offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription data management services, online platforms, and unique purchasing agreements on specialty pharmacy products. Armada is also the founder and host of the nation's largest annual specialty pharmacy summit and expo. www.armadasummit.com.
BrightStar Care provides medical and healthcare staffing solutions to individuals, families, healthcare facilities, and businesses. The company delivers one-on-one skilled care to patients in their homes or wherever they need assistance through its network of national account partners. National account services range from insurance assessments and IV infusion therapy to home health care and the delivery of flu clinic services to corporate, commercial and retail clients. For more information on BrightStar Care, please visit www.brightstarcare.com.
Armada Health Care
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