Progressive Care Inc. Subsidiaries PharmCo and Family Physicians Ranked in the Top 25% in the Nation by Humana BY GlobeNewswire — 8:05 AM ET 09/12/2019 MIAMI, Sept. 12, 2019 (GLOBE NEWSWIRE) -- Progressive Care Inc. ( RXMD Loading... Loading... ) , a personalized healthcare services and technology company, today announced that its wholly owned subsidiaries PharmCo, LLC and Family Physicians Rx (FPRX) have met all four of the performance measures and is in the top 25% of the nation evaluated by Humana Inc., a leading health and well-being company, as part of its Rx Quality Network program.
Provided by Humana Pharmacy Solutions, a division of Humana Inc., the Rx Quality Network focuses on the health outcomes of patient care related to medication adherence, in addition to rewarding pharmacies for adherence performance. The program aims to partner with participating pharmacies to improve member adherence in targeted drug classes, which may result in higher-quality care. The quality-based network rewards pharmacies on performance and establishes their pharmacy in-network/preferred for PDP/MAPD plans.
Scores are based on the pharmacy’s ability to ensure that patients are adherent with prescribed therapies for chronic conditions like hypertension, diabetes, and high cholesterol. For example, if 95% of the pharmacy’s patients have taken their recommended dose of a statin therapy, that pharmacy would be ranked in the top 25% and thus be eligible for maximum performance payout for that metric.
PharmCo (Miami) received the following performance scores for the months of January 2019 - June 2019 (The percentages in green denote the percentage of adherent Humana patients using the pharmacy. The percentile denotes the ranking of the pharmacy in the Humana network):
PharmCo Rx 1002 (Palm Beach) did not meet 3 out of the 4 measures for the period January – June 2019. This location was negatively impacted by an influx of new patients switching to the pharmacy in May and June 2019 who had been non-adherent with medication regimens during the year. Many of the patients came to PharmCo at the recommendation of their physician as result of the Company’s reputation for improving patient health outcomes and adherence. The Company believes that improving the medication therapies of these patients through the remainder of the year will help improve scores overall for the annual measurement period.
“We are very proud that we have hit all of our performance metrics for the first measurement period of 2019 and that PharmCo and FPRX has ranked in the top 25% of the nation in back to back Humana evaluations,” said S. Parikh Mars, Chief Executive Officer of Progressive Care Inc. ( RXMD Loading... Loading... ) “These latest performance metrics are a direct reflection of our efforts to provide quality customer service and position our pharmacies as a physician’s first choice when it comes to choosing a pharmacy provider for their patients.”
Go to Humana.com/Pharmacy to learn more about Humana Pharmacy Solutions and its Rx Quality Network program.
For more information about Progressive Care ( RXMD Loading... Loading... ), please visit the company’s website.
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