On May 9, 2022 Cardinal Health (NYSE:CAH) and URAC, the nation’s largest independent health care accreditation organization, reported an agreement to help customers of Cardinal Health pursue accreditation for their specialty pharmacies and practices (Press release, Cardinal Health, MAY 9, 2022, View Source [SID1234614064]).
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Leveraging insights from operating 70 outpatient pharmacies in 19 states, Cardinal Health offers pharmacies and medically integrated dispensaries a full range of solutions through its Specialty Pharmacy Services including consultative support, assessments and new facility openings, as well as providing leadership and day-to-day management. As part of the agreement with URAC, Cardinal Health customers will receive special pricing for new URAC accreditations, which validate that a pharmacy meets the most rigorous standards in the industry and demonstrates the value of the clinical services it provides.
"Hospitals across the country continue to face challenges in minimizing the costs and complexity of specialty medications. Many are searching for ways to better manage this growing area of outpatient pharmaceutical spend more effectively," said Peter J. Siavelis, senior vice president and general manager of Acute Care Distribution and Services at Cardinal Health. "Our agreement with URAC will further strengthen our commitment to providing the guidance and support needed to help hospitals and health systems determine the right path for their pharmacies."
URAC accreditation also serves as a framework for ensuring quality within an organization by identifying areas for improvement through performance analysis and education.
"Because of their role in serving patients with complex, chronic illnesses, pharmacies are a critical and growing resource within the health care landscape," said Jeffrey Carr, URAC’s vice president of business development. "We’re pleased to offer Cardinal Health preferred pricing for new accreditation to its customers nationwide, further validating the high-quality care they provide and their commitment to improving patient outcomes."
Cardinal Health helps hospitals and health systems determine the right outpatient pharmacy approach for their facilities based on their unique goals and needs. These services also extend to federally qualified health centers, independent physician practices, independent pharmacies and dispensing clinicians. Visit cardinalhealth.com/accreditedspecialtypharmacy to learn more.