ROSEVILLE, Calif. and BOCA RATON, Fla., May 03, 2016 (GLOBE NEWSWIRE) -- Adventist Health and RxStrategies, Inc. have agreed to continue the 340B program management agreement for an additional three years, the companies announced today. The agreement covers all of the participating sites for Adventist Health in the western states of California, Hawaii, Oregon and Washington. The agreement continues the relationship first established in 2012 between the organizations. Keenan and Associates will continue its consulting role in the arrangement.
“By extending our agreement with RxStrategies, Adventist Health will continue to maintain the important benefits of the 340B program to its member hospitals and patients while continuing to emphasize the importance of program compliance and transparency,” said Thomas R. Jacobsen, Director of Pharmacy for Adventist Health, based in Roseville, CA.
“The relationship that we have built with Adventist Health is most gratifying and it is an absolute pleasure working with an organization that demands excellence in its 340B program as it strives to deliver the maximum benefit possible to its patients,” said Fenton Markevich, President and CEO of RxStrategies, Inc.
About Adventist Health
Founded on Seventh-day Adventist health values, Adventist Health is a faith-based, not-for-profit, integrated healthsystem headquartered in Roseville, California. The company provides compassionate care in communities throughout California, Hawaii, Oregon and Washington to entities including:
- 19 hospitals with more than 2,800 beds
- More than 260 clinics and outpatient centers
- 15 home care agencies
- Four joint-venture retirement centers
- More than 23,400 mission-driven employees
For more information about Adventist Health, visit www.adventisthealth.org.
About RxStrategies, Inc.
Established in 2003 and headquartered in Boca Raton, Florida, RxStrategies, Inc. provides accountability, transparency, and value-based solutions for the Federal 340B Drug Pricing Programs. As a full service pharmaceutical services organization, they provide a diverse range of services to all “Covered Entities” including comprehensive contract pharmacy and split billing solutions with a focus on compliance and customized solutions to the requirements of its clients. For more information about RxStrategies, visit www.340Bplus.com.
Keenan is a privately held insurance brokerage/consulting firm with extensive 340B experience in auditing, analytics and pharmacy operations. Keenan has been bringing innovative pharmacy and 340B solutions to healthcare organizations nationally for over 20 years. For more information about Keenan, visit www.keenan.com.
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