Enhances Service Offering and Improves Access to Hospices in Greater New York Region
PHILADELPHIA – February 12, 2019 – Enclara Pharmacia (Enclara), the market leader in comprehensive pharmacy benefits management (PBM) services to the hospice community, announces its agreement to acquire Avanti Health Care Services, a full-service, direct delivery pharmacy provider in the greater New York region. The acquisition is expected to close in the first quarter of 2019 and represents a strategic expansion to optimize medication access options and to support underserved regional markets as well as Enclara’s expansion into the home care pharmacy market.
Andy Horowitz, CEO of Enclara says, “The agreement with Avanti will immediately benefit the hospice community across the five boroughs of New York City, as well as the greater New York region, by providing enhanced access to our innovative pharmacy solutions, unmatched clinical resources, and market-leading technology solutions. The addition of local, same-day direct delivery pharmacy capabilities, through a highly regarded, longstanding provider in the New York market, further bolsters our PBM and national mail order services, allowing for a more seamless experience for our hospice partners’ medication delivery needs. This arrangement is part of Enclara’s larger strategy to execute on opportunities in key markets that serve to strengthen operational efficiencies and improve medication availability for hospices and their patients.”
This acquisition will expand Enclara’s clinical expertise and resources to already successful medication therapy management (MTM) programs at Avanti in the home care market. The company’s MTM program offers comprehensive reviews by specially trained pharmacists that can lead to better clinical and economic outcomes, including fewer hospitalizations, improved medication adherence and better management of chronic conditions.
“Avanti has a tremendous reputation for service and quality within its regional hospice and home care community and that will not change,” says Horowitz. “Moving forward it will be uniquely positioned to add value to the market through Enclara’s resources. We look forward in continuing to deliver the best nurse, executive and patient experience to the community.”
Pietro “Peter” Piacquadio, R.Ph., CEO of Avanti Health Care Services says, “We are excited about joining Enclara as it aligns perfectly with our vision and greatly expands our capabilities to respond to the demands of an ever-changing health care environment. We are thrilled to bring this opportunity to the greater New York region hospice and home care community.”
About Enclara Pharmacia
Enclara Pharmacia is a national full-service PBM and mail order supplier of medications and clinical services developed specifically for the hospice and palliative care industry. Enclara services over 500 customers and 90,000 patients nationally, helping to reduce pharmacy costs through a clinically driven model that enables home delivery of pharmaceuticals, as well as access to a network of over 65,000 retail pharmacies, including our own automated fulfillment pharmacies, and institutional pharmacies. For more information, visit www.enclarapharmacia.com