Excelera® Specialty Pharmacy Network Announces CEO Retirement

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ExceleraRx Corp. today announced that James M. Fox, President and Chief Executive Officer, will be retiring effective April 2, 2018.

James M. Fox

James M. Fox, President and CEO of ExceleraRx Corp.

The Excelera team, under Jim’s leadership, has achieved significant accomplishments.

“It has been my genuine pleasure to be part of Excelera during the early years of growth and innovation within the context of the changing healthcare environment,” said Fox. “I’ve enjoyed working alongside the board and a group of intelligent, dedicated people to help create a high-performing national network of health systems collaborating to the ultimate benefit of complex patients and improved health outcomes.”

The company will immediately begin a national executive search for a new CEO. From now until April 2, Fox is working alongside incoming Excelera Board of Directors Chair Robert Beacher in a transitional “Office of the CEO.” Beacher will serve as interim CEO following Fox’s retirement if a new CEO is not found by that time.

“The board thanks Jim for his leadership and accomplishments during his tenure,” said Beacher. “The Excelera team, under Jim’s leadership, has achieved significant accomplishments including growth in membership, the establishment of limited distribution agreements with drug manufacturers and obtaining additional equity capital commitments from its investors to execute its five-year plan. I look forward to co-leading the company through the transition period.”

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 a current list of Excelera specialty pharmacy network members, or for more information about becoming a member of the Excelera national specialty pharmacy network, visit excelerarx.com or follow us on LinkedIn.

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