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PR Newswire - Arete Pharmacy Network and Pharmacy Providers of Oklahoma Join Forces to Create AlignRx, the Nation's Largest Independent PSAO

July 1, 2021

Arete Pharmacy Network, LLC, and Pharmacy Providers of Oklahoma, Inc. (PPOk) announced today that they have signed a definitive agreement to create AlignRx, a pharmacy services administrative organization (PSAO) strategically aligned with the needs of a continuously evolving pharmacy landscape. The joint venture will combine core capabilities of the parties' respective PSAOs to offer a highly differentiated and future-proof portfolio of programs and services designed for today's independent community retail pharmacy.

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Business Wire - Arete Pharmacy Network Announces Leadership Transition

September 30, 2019

Arete Pharmacy Network today announced that Don Meredith will assume the role of interim president, effective immediately. Meredith succeeds Rob McMahan, former chief executive officer. Meredith was recently named chief operating officer and previously served as vice president of information technology. The board of directors will conduct an executive search for a permanent successor.

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Business Wire - Arete Pharmacy Network Promotes Don Meredith to Chief Operating Officer

December 4, 2018

Arete Pharmacy Network announced today that Don Meredith has been promoted to chief operating officer, effective immediately. Meredith will report to the board of directors.

"At the core of our business is the resolve to help pharmacies remain solvent and in continuous service to their communities. Don’s appointment to the position of chief operating officer is a reflection of our commitment, not just to the pharmacies we serve, but to the patients who benefit directly from them." - Greg Mitchell, Board Chairman

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PR Newswire - American Associated Pharmacies Agrees to Acquire Remaining 50 Percent Stake in Arete Pharmacy Network, LLC

September 17, 2018

American Associated Pharmacies (AAP), an independent pharmacy cooperative with over 2,000 pharmacy members, today announced it has signed a definitive agreement to acquire the remaining 50 percent interest in the joint venture of Arete Pharmacy Network. Arete Pharmacy Network is a quality-focused national Pharmacy Services Administrative Organization (PSAO), concentrated on the success and profitability of independent and community pharmacies. The transaction closed on Sept. 12, 2018.

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Business Wire - Arete Pharmacy Network and Topco Associates Announce Collaborative Venture

August 24, 2017

Arete Pharmacy Network, LLC, ("Arete"), a national pharmacy services administrative organization (PSAO), and Topco Associates, LLC ("Topco"), a privately held cooperative of regional grocery stores and wholesalers, have announced a collaborative venture that will enable Topco’s member pharmacies to pursue contractual relationships with payers as a unified entity. Based on the terms of the relationship, Arete and Topco will collaborate to create a new grocery chain contracting option for payers, which will serve as a network of high-quality pharmacies with national coverage.

"The relationship with Topco is centered on the importance of building and maintaining a high-performing quality network of pharmacies. Topco and its member pharmacy organizations show a strong focus in this area, and the strategic alignment between our organizations became apparent very early in the conversations about a potential partnership."
- Rob McMahan, CEO

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Business Wire - Arete Pharmacy Network and Pharmacy Quality Solutions Strengthen Strategic Partnership

March 22, 2017

Arete Pharmacy Network, LLC, the largest independent Pharmacy Services Administrative Organization (PSAO), has renewed and extended its strategic partnership with Pharmacy Quality Solutions (PQS)—reflecting the strength of a long-standing relationship between the two organizations. Through this partnership, member pharmacies are granted direct and seamless access to the EQuIPP platform from Arete Pharmacy Network’s Quality Center, a web-based toolkit for quality performance.

“The relationship with PQS underscores our commitment to provide necessary resources to help member pharmacies achieve the highest level of quality performance that is characteristic of our network.”
- Rob McMahan, CEO

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Business Wire - Arete Pharmacy Network Announces Acquisition of RxPride

December 9, 2016

Arete Pharmacy Network has acquired RxPride, a PSAO formerly owned by Minnesota-based pharmacy buying group—Smart-Fill Management Group, Inc. The acquisition of RxPride furthers Arete Pharmacy Network’s goal of creating the nation's largest and strongest independent PSAO.

“Since the establishment of Arete Pharmacy Network, our efforts have been geared toward building a solid foundation for growth that will support independent pharmacies in their own efforts to improve quality performance and profitability.”
- Rob McMahan, CEO

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Business Wire - PrescribeWellness and Arete Pharmacy Network Announce Partnership

November 4, 2016

PrescribeWellness, the cloud-based services company whose mission is to inspire collaboration for better health, announced its partnership with Arete Pharmacy Network, a leading Pharmacy Services Administrative Organization (PSAO) focused on providing network solutions for the wellness of the patient and the success of the independent community pharmacy.

To add to its portfolio of high yielding solutions that are customized for personalized care and enhanced medication adherence, Arete Pharmacy Network has selected PrescribeWellness as a preferred provider of patient communications and medication synchronization (Med Sync) technology.

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Business Wire - iMedicare and Arete Pharmacy Network Partner on Plan Comparison Integration

September 21, 2016

iMedicare, the leading Medicare plan comparison platform for community pharmacies, and Arete Pharmacy Network, the nation’s fourth largest Pharmacy Services Administrative Organization (PSAO), announced their partnership today. Arete Pharmacy Network is the combined entity of United Drugs and Third Party Network.

Acknowledging the growing Medicare eligible population and the barriers independent and community pharmacies face regarding the management of their Medicare business, iMedicare looks to align with partners who can broaden the range of pharmacies with access to its innovative software designed to help patients manage Medicare options, while simultaneously increasing pharmacy profitability.

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Drug Channels - Surprise PSAO Consolidation: H. D. Smith and AAP Form Fourth-Largest Pharmacy-PBM Negotiating Group

March 1, 2016

Independent pharmacy group American Associated Pharmacies (AAP) and drug wholesaler H. D. Smith are forming Arete Pharmacy Network, a joint venture that combines the organizations’ respective pharmacy services administrative organizations (PSAOs): H. D. Smith’s Third Party Network and AAP’s United Drugs.

PSAOs are crucial but little-known intermediaries that operate between pharmacies and pharmacy benefit managers (PBMs) in our complex U.S. drug channel system. Arete Pharmacy Network is now the fourth-largest PSAO, just behind the PSAOs operated by the Big Three wholesalers.

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American Associated Pharmacies and H. D. Smith announce joint venture to create new managed care contracting entity

February 29, 2016

American Associated Pharmacies (AAP) and H. D. Smith today announce an agreement to combine respective pharmacy services administrative organizations (PSAO) into a stand-alone PSAO entity, servicing more than 2,300 independent retail pharmacies across the United States. The joint venture, known as Arete Pharmacy Network, will combine and succeed H. D. Smith’s Third Party Network and AAP’s United Drugs.

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