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CarepathRx Launches Innovative Mobile App to Modernize Prescription Management

DETROIT, Mich., March 11, 2023CarepathRx, a leader in pharmacy and medication management solutions, is proud to announce the launch of its groundbreaking mobile application, CarepathRx Patient Therapy Mobile (CPTM). This innovative app is designed to empower both specialty and traditional patients in managing their prescriptions effectively from the convenience of their smartphones.

CPTM, a white-label product, allows pharmacies to brand the app as their own, offering a seamless extension of their services to their customers. This user-friendly app integrates directly with DromosPTM and the client’s Pharmacy Management System (PMS), enabling pharmacies to streamline their operations and enhance patient engagement. Key features include:

Seamless Prescription Refills:

  • Patients can easily schedule and request refills directly from the app, eliminating the need for phone calls or visits to the pharmacy.

Direct Communication:

  • Patients can message the pharmacy team directly from the app for any questions or concerns they may have, fostering efficient and personalized communication.

Demographic Updates:

  • Patients can update their demographic information directly into the pharmacy’s PMS, ensuring accurate and up-to-date records.

Contact Preferences:

  • Patients can specify their preferred contact methods for future outreach, allowing pharmacies to tailor their communication to individual preferences.

Prior Authorization Status:

  • Patients can view the status of their prior authorizations in real-time, providing transparency and peace of mind.

Prescription Workflow Status:

  • Patients can track the status of their prescriptions throughout the workflow, from submission to fulfillment.

“As a leader in pharmacy services, CarepathRx is committed to leveraging technology to enhance patient care and streamline pharmacy operations,” said Tony Kocevski, Manager of Solution Engineering, at CarepathRx. “We believe that CarepathRx Patient Therapy Mobile will revolutionize the way patients manage their prescriptions, empowering them with greater convenience, accessibility, and control.”

Schedule your demo today at: https://dromosrx.com/schedule-a-call.

For more information, please contact:

Tony Kocevski, Manager of Solution Engineering
tony.kocevski@carepathrxllc.com

About CarepathRx

CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry’s most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient’s complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation and new health system revenue streams. Today, CarepathRx serves more than 20 health systems and 600 hospitals, with more than 900 employees nationwide. For more information about CarepathRx, visit www.carepathrxllc.com.

CarepathRx Joins the Ranks of the Top Workplaces in Healthcare

MERCER ISLAND, Wash., July 31, 2023CarepathRx, a leader in pharmacy and medication management solutions, has been recognized as part of the Top Workplaces in Healthcare 2023 list. Based on employee feedback, the industry-specific Top Workplace USA Awards recognize organizations around the country that have cultivated exceptional workplace cultures. This is CarepathRx’s second consecutive appearance on the Top Workplaces in Healthcare list.

Founded in 2019, CarepathRx brings together some of the nation’s leading capabilities in infusion, specialty pharmacy, telepharmacy, and technology to transform patient care.

“Supporting CarepathRx’s diverse suite of healthcare services are more than 700 incredible team members dedicated to providing the highest level of service to our patients, providers, pharmacies, and payers – everyday,” said Randy Hyun, Chief Executive Officer at CarepathRx.

Nominees for the Top Workplaces Awards are evaluated based on results from anonymous, employee engagement surveys.

“Our employees remain the driving force behind the success of CarepathRx,” said Leah Silver, Chief Human Resources Officer at CarepathRx. “I am thrilled to share this honor with them once again.”

About CarepathRx
CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry’s most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient’s complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation and new health system revenue streams. Today, CarepathRx serves more than 20 health systems and 600 hospitals, with more than 700 employees nationwide. For more information about CarepathRx, visit www.carepathrxllc.com.

CarepathRx Announces New Organizational Changes

MERCER ISLAND, Wash., July 19, 2023 – CarepathRx Health System Solutions (CHSS), a CarepathRx company and portfolio company of Nautic Partners (Nautic), recently announced that Evernorth Health Services, a subsidiary of The Cigna Group (NYSE: CI), is making a significant minority investment in CHSS.  To drive this next phase of growth, CHSS is pleased to announce new leadership appointments. 

John Figueroa is named Executive Chairman of CHSS.  Figueroa founded CarepathRx in 2019 and as Chairman and Chief Executive Officer, has led the company with his vision, strategy and focus on execution.  Prior to CarepathRx, Figueroa served as Chief Executive Officer of many high-growth businesses including Genoa Healthcare, Apria Healthcare, Coram, and Omnicare. 

Randy Hyun is named Chief Executive Officer of CHSS.  Hyun transitions from his role as Chief Operating Officer of CarepathRx where he led the strategy and operations of CarepathRx and CHSS.  Prior to CarepathRx, Hyun served as Chief Executive Officer of Aetna Medicaid, President of Aetna Pharmacy Management, and held numerous leadership roles at McKesson Corporation.

“I am extremely proud to have led the CarepathRx business for the past four years.  In a very short period of time, we solidified the company as a valuable partner to health systems, hospitals, and physicians.  I am also humbled to play a role in supporting our partners to provide the best medication care to patients with chronic and complex diseases,” Figueroa said.  “Going forward, I am excited to support CHSS as Executive Chairman and look forward to seeing Randy and his team continue to build on the strong foundation of the company.”

“I am excited to lead the CHSS business through its next phase of growth,” Hyun said, “and look forward to partnering with Evernorth to create new capabilities and solutions for our health system and provider partners.  With patient care continuing to move to alternate sites of care and in particular, into the home, we play an important role in making sure our clients’ patients receive the best care possible.” 

Going forward, CHSS will assume CarepathRx as its primary brand name and logo.  ExactCare, a CarepathRx company, will operate as a standalone business, separate from CHSS.

About CarepathRx
CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry’s most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient’s complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation and new health system revenue streams. Today, CarepathRx serves more than 25 health systems and 600 hospitals. For more information, visit www.carepathrxllc.com.

Media contacts:
Drew Hardman, Marketing Manager
Andrew.Hardman@CarepathRxllc.com

CarepathRx Announces Specialty Pharmacy Partnership with Southeast Health

MERCER ISLAND, Wash., May 30, 2023 – CarepathRx, a leader in pharmacy and medication management solutions, today announced a specialty pharmacy partnership with Southeast Health, a non-profit community health system based in Dothan, Alabama. As part of this agreement, CarepathRx will partner with Southeast Health to build and execute a comprehensive specialty pharmacy program with frontline staff services including intake, financial assistance, counseling, prior authorizations, and more.  

Southeast Health is a 430-bed hospital serving the residents southeast Alabama, southwest Georgia, and the Florida Panhandle.

“Southeast Health is dedicated to improving health and quality of life in the communities we serve,” said Jacey Cox, PharmD, Director of Pharmacy at Southeast Health. “This partnership with CarepathRx will enhance patient services with new and expanded specialty pharmacy offerings and improve continuity of care with access to specialty therapies from providers our patients know and trust.”

 “CarepathRx is proud to partner with Southeast Health to expand patient access to specialty pharmacy therapies,” said Larry Alexander, Vice President of Operations, CarepathRx. “Our flexible and scalable specialty pharmacy solutions offer the very best in patient outcomes, clinical success, and financial results.”

“As a pharmacist, I understand the importance of continuity of care when it comes to healthcare outcomes, patient satisfaction, and cost-effective therapies,” said Jonathan Van Lare, PharmD, Vice President of Specialty Pharmacy Management Services, CarepathRx. “Our partnership with Southeast Health delivers a unique level of coordinated care across the healthcare continuum.”

About CarepathRx
CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry’s most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient’s complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation and new health system revenue streams. Today, CarepathRx serves more than 20 health systems and 600 hospitals, with more than 1,500 employees nationwide. For more information about CarepathRx, visit www.carepathrxllc.com.

CarepathRx Health System Solutions and Evernorth Health Services Forge Strategic Partnership to Enhance Specialty Care for Patients

MERCER ISLAND, WASH., June 1, 2023 – CarepathRx Health System Solutions (CHSS), a CarepathRx company and portfolio company of Nautic Partners (Nautic), and Evernorth Health Services, a subsidiary of The Cigna Group (NYSE: CI), announced a new strategic partnership and investment by Evernorth in CHSS. The strategic partnership brings together Evernorth’s diverse specialty and care expertise with CHSS’ robust pharmacy and infusion management capabilities, technology solutions, and health system relationships to improve, expand and accelerate pharmacy care delivery for the growing number of patients with chronic and complex care needs.

The CHSS and Evernorth partnership will deliver integrated specialty pharmacy care to CHSS’ growing base of 600-plus hospitals, health systems and physicians – helping diversify the services they offer to best support patients. This includes enhanced coordinated infusion services, virtual care capabilities, value-based care arrangements and site of care flexibility. Evernorth’s expansive suite of services, including Accredo’s specialty care and pharmacy expertise and CuraScript SD’s specialty medication distribution across 12,000 physicians, are highly complementary to CHSS’ capabilities that help health systems expand in-house specialty pharmacies, infusion and polypharmacy services.

“Forging deeper relationships with physicians and other specialty and infusion pharmacies – a critical point of care for people with chronic and complex needs – is a key priority as we work to increase access to care and improve affordability,” said Eric Palmer, President and CEO, Evernorth. “Specialty care continues to be a focal point for hospital, health system and physician partners, and our collaboration with CHSS is an important step in delivering on our commitment to bring them even more patient care services to improve overall outcomes.”

Together over time, CHSS’ and Evernorth’s expertise will help enable simpler, faster connections to care for patients managing both chronic and complex specialty conditions. As many of these patients need specialty or acute drug therapies, the partnership will focus on continuity of care for specialty drugs, management of infusion services across sites of care – from ambulatory to physician office to home settings – and value-based site-of-care strategies. The intent is to drive optimal patient treatment plans and deepen physician engagement resulting in better patient experiences, more care extensions and greater affordability.

“At CarepathRx, we believe health systems, hospitals and physicians play the most important roles in providing the best care to patients with chronic and complex diseases,” said John Figueroa, Chairman and CEO, CarepathRx. “Through specialty and infusion pharmacy partnerships, CHSS has created a model for health systems to extend their reach to alternate sites of care and into the home. This partnership with Evernorth is truly unique and will accelerate CHSS’ mission by creating payer-physician connections and leveraging Evernorth’s specialty and care services.”

Evernorth’s significant minority investment in CHSS is expected to close in late Q2 or early Q3 of 2023. After close, the CHSS management team will continue to lead the business and, together with Nautic, will retain majority ownership.

Centerview Partners acted as lead financial advisor, and Cantor Fitzgerald is also acting as financial advisor to CarepathRx and Nautic. Kirkland & Ellis, LLP acted as legal advisor to CarepathRx and Nautic.

Greenhill & Co. acted as financial advisor to Evernorth. Wachtell, Lipton, Rosen & Katz and Quarles & Brady LLP acted as legal advisors to Evernorth.

About CarepathRx
CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry’s most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient’s complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation and new health system revenue streams. Today, CarepathRx serves more than 25 health systems and 600 hospitals, with more than 1,500 employees nationwide. For more information about CarepathRx, visit www.carepathrxllc.com.

About Nautic Partners
Nautic Partners is a Providence, Rhode Island-based middle-market private equity firm that focuses our expertise and market knowledge on three sectors: Healthcare, Industrials and Services. Nautic has completed 155 platform transactions throughout our 37-year history. In pursing our thematic and proactive investment strategy, we seek to partner with executives and management teams in an effort to accelerate the growth trajectory of our portfolio companies via acquisitions, targeted operating initiatives, and increased management team depth. For more information, please visit www.nautic.com.

About Evernorth Health Services
Evernorth Health Services creates pharmacy, care and benefits solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Evernorth capabilities are powered by our businesses, including Express Scripts, Express Scripts® Pharmacy, Accredo, eviCore and MDLIVE, along with holistic Evernorth platforms and solutions that move people and organizations forward. All Evernorth solutions are serviced and provided by or through operating affiliates of Evernorth Health, a wholly owned subsidiary of The Cigna Group (NYSE: CI), or third-party partners. Learn more at evernorth.com.

Media contacts:
Andrew Hardman
andrew.Hardman@carepathrxllc.com

Justine Sessions
860-810-6523
media@evernorth.com

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