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

Continue Reading -->

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

Continue Reading -->

Business Wire - FocusScript and Arete Pharmacy Network Partner to Meet Payor Demands

February 16, 2017

Arete Pharmacy Network, LLC has entered into an exclusive partnership with FocusScript, LLC, a leading independent specialized pharmacy claims management company. The partnership extends FocusScript’s compounding pharmacy accreditation, credentialing, and ongoing oversight to independent compounding pharmacies that are member pharmacies of Arete Pharmacy Network.

“Our collaboration with FocusScript—an expert in the compounding pharmacy field—reinforces our commitment to building a quality network by providing an additional avenue to serve compounding pharmacies.”
- Rob McMahan, CEO

Continue Reading -->

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

Continue Reading -->

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.

Continue Reading -->

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.

Continue Reading -->

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.

Continue Reading -->

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.

Continue Reading -->