Specialty pharmaceuticals are high-cost prescription drugs used to treat clinically complex conditions like rheumatoid arthritis or multiple sclerosis. As part of the network, Billings Clinic will work with Excelera to develop key specialty pharmacy capabilities such as training, operations, data aggregation, reporting for drug manufacturers and payers, revenue cycle management and pharmacy business office, according to a news release.
Kyle Townsend, director of pharmacy services at Billings Clinic, expressed excitement about the partnership.
“Partnering with Excelera to develop our specialty pharmacy operations is a win for our most complex patients, who will receive comprehensive specialty services more expeditiously than if we were to go it alone,” he said in the release. “Plus, we get the benefit of access and insight from thought leaders across the country who are grappling with the same challenges of providing high-quality care at a reduced cost with the best possible patient outcomes.”
More articles on transactions and partnerships:
MD Anderson, Deerfield Management form joint venture to develop targeted cancer treatment
Northwestern Memorial Hospital, Sectra partner to improve breast healthcare
Lovelace Health System to partner with UNM medical group