May 14 2015
CARE Pharmacies Cooperative, Inc. ("CARE"), an influential and growing independent retail chain, and Aureus Health Services, Inc. ("Aureus"), a national specialty pharmacy and health services company and Portfolio Company of BelHealth Investment Partners, LLC, announced their partnership in a specialty pharmacy management services program.
This partnership comes at an ideal time. The Specialty Pharmacy industry is rapidly growing, with specialty drugs expected to rise to 50% of the total drug spend by 2018. Additionally, eight out of the top ten drugs by revenue will be specialty drugs by the year 2016. Under the partnership Aureus will provide management services to CARE member pharmacies and provide resources to support the growing needs of their specialty patients and providers.
"We looked at a number of potential partners to assist us in providing a higher level of care to our specialty patients and Aureus was the best. Aureus' highly trained support team and comprehensive care management model offers a level of support and expertise required to ensure the very best outcomes for our customers," said Mike Wysong, CEO, of CARE.
"We are very excited to partner with CARE and their unique network of pharmacies. The CARE Pharmacies Specialty Network will provide a convenient and valuable choice for specialty patients and this partnership will further enhance the support and services needed to improve patient care" said Michael Nameth, CEO of Aureus.