Excelera® Specialty Pharmacy Network and Center for Pharmacy Practice Accreditation® Announce Strategic Relationship

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ExceleraRx Corp. and the Center for Pharmacy Practice Accreditation ("CPPA") jointly announced the creation of a non-exclusive strategic relationship to provide CPPA specialty pharmacy practice accreditation for ExceleraRx members.

With this new relationship ExceleraRx members who choose our accreditation can expect distinction among specialty pharmacies for their commitment to the highest level of pharmacy care and cost effective outcomes for patients.

ExceleraRx Corp. and the Center for Pharmacy Practice Accreditation (“CPPA”) jointly announced the creation of a non-exclusive strategic relationship to provide CPPA specialty pharmacy practice accreditation for ExceleraRx members.

CPPA develops pharmacy practice standards and accredits pharmacy practices that meet its accreditation criteria. The Excelera network consists of point-of-care specialty pharmacies owned by health systems and academic medical centers.

“CPPA accredits specialty pharmacy practices that provide high-quality services in support of patients reaching desired therapeutic and cost-effective outcomes,” said Lynnae Mahaney, Executive Director, CPPA. “With this new relationship ExceleraRx members who choose our accreditation can expect distinction among specialty pharmacies for their commitment to the highest level of pharmacy care and cost effective outcomes for patients.”

“We couldn’t be more pleased to begin this strategic relationship with CPPA,” said Jim Fox, Chief Executive Officer of the Excelera network. “CPPA accreditation programs, developed by pharmacists for pharmacy practices, will assist our members in maintaining the rigorous standards of specialty pharmacy care that sets our network members apart from other specialty pharmacies.”

Recognizing that their respective missions are complimentary and mutual collaboration will advance the missions of both organizations, Excelera and CPPA entered into a Memorandum of Understanding (MOU) focused on collaborating to improve patient care. As part of the MOU, Excelera’s Board approved CPPA as an acceptable accrediting body for purposes of meeting Excelera Network Standards.

The mission of CPPA is to serve the public health by raising the level of pharmacy-delivered patient care services through accreditation of pharmacy practices. CPPA accreditation signifies to payers, patients, and providers that the pharmacy is recognized for an advanced level of patient care, services, quality and safety.

Excelera’s mission is to provide tools, technology and best practices around high-performing specialty pharmacy capabilities to network members so that they can provide integrated, coordinated care to complex patients at the point of care leading to improved health outcomes and decreased healthcare costs.

About Excelera
ExceleraRx Corp. supports the Excelera® Specialty Pharmacy Network, a national network of
specialty pharmacies based at health systems and academic medical centers, enabling member organizations to gain access to limited distribution drugs and restricted payer agreements. The Excelera network provides national-scale efficiency and collaboration to improve quality and value of outpatient specialty drug therapy for population health outcomes. Excelera’s mission is to “provide tools, technology and best practices around high-performing specialty pharmacy capabilities to network members so that they can provide integrated, coordinated care to complex patients at the point of care leading to improved health outcomes and decreased healthcare costs.” For more information about Excelera, visit http://www.excelerarx.com

About CPPA
The Center for Pharmacy Practice Accreditation (CPPA) recognizes pharmacy practices that provide an advanced level of patient care, services, quality, and safety. CPPA provides a patient-centered, comprehensive approach to accrediting the medication-use process in various health care settings. CPPA accreditation indicates measurable, safe, and effective patient care is provided by that pharmacy practice. CPPA accreditation distinguishes those practices and their value within the healthcare system. Providers, patients and payers can have confidence the pharmacy practice has a consistent level of service and can improve patient outcomes. For more information about CPPA, visit http://pharmacypracticeaccredit.org

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Amy Swanson

Lynnae Mahaney
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