Market Overview

PrescribeWellness and Thrifty White to Expand Offering to Affiliated Pharmacy Partners

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PrescribeWellness,
a leading cloud-based patient relationship management solutions company
that inspires collaboration between pharmacies, payers, providers,
pharmaceutical companies, and their patients for better health, today
announced that the partnership between PrescribeWellness and Thrifty
White will now be offered to Thrifty White's independently owned
pharmacy partners through Thrifty White's Affiliated Pharmacy Program.

The partnership will further enable independent pharmacy owners across
the United States to provide clinically focused services, enhance the
patient experience, improve pharmacy workflow, offer comprehensive
patient engagement and support services, and drive better patient
outcomes.

"Thrifty White has long been focused on driving quality outcomes and
creating a better pharmacy experience," said Al Babbington, CEO of
PrescribeWellness. "This partnership will advance and support that
vision, enabling even more independently owned pharmacies across the
United States to go ‘beyond the fill' by providing high-touch healthcare
in their communities and remaining trusted members of the healthcare
continuum."

The PrescribeCare platform simplifies the intervention process and
supports chronic care management by providing the pharmacist with a
single view of each patient, their medications and opportunities to
further engage. With a seamless patient management platform and
supporting tools, Thrifty White can execute medication synchronization,
immunizations, health screenings, diseases state management, diabetes
prevention, adherence management, medication therapy management, opioid
management, and several other custom programs.

"Our partnership with PrescribeWellness will allow us to work together
and support independent pharmacies across the country in a way that has
never been done before," said Bob Narveson, president and CEO of Thrifty
White. "This partnership will give Thrifty White affiliates access to
many of the central processes that Thrifty White provides to its
company-owned stores. As outcomes become more important, those best able
to engage with the patient will win. Independent pharmacies are often
the cornerstone of their communities, and this new relationship will
further expand on their ability to connect with their patients and to
promote healthy outcomes."

The PrescribeWellness solution suite also helps pharmacists get paid for
clinical services and participate in value-based payment models, such as
shared savings and performance-based reimbursements. It offers
information technology and automation tools to support reporting,
coding, billing, collections, and other administrative tasks. These
include:

  • Collaborative Practice Agreements contracting
  • Clinical guidelines support
  • Standard process of care via the PrescribeWellness technology platform
  • Pharmacist medical services billing support
  • Reporting and evaluation support
  • Tools to optimize Star Ratings and HEDIS scores
  • Connectivity to EHR
  • Workflow optimization
  • Hospital and office claims data

About the Thrifty White Affiliated Pharmacy Program

The Thrifty White Affiliated Pharmacy Program was started in 2003 with
the idea of providing independent pharmacy owners the opportunity to
take advantage of the size, scale and leverage of a highly reputable
national pharmacy chain without having to give up any ownership or
control of their business. Today affiliate partners of Thrifty White
extend from coast to coast and take advantage of the operational
know-how, purchasing power and support that Thrifty White has to offer.
Thrifty White affiliated pharmacies fall under the Thrifty White
umbrella and are provided the same guidance and industry direction as
Thrifty White's corporate stores and enjoy access to the same
technology, software and strategic partners to drive patient health
outcomes, along with participation in all Thrifty White corporate-driven
contracts, programs and services. Thrifty White, along with affiliate
and industry partners, brings together more than 1,200 pharmacies across
the United States, representing more than $7 billion in annual
pharmaceutical purchases.

About Thrifty White

Headquartered in Plymouth, MN, Thrifty White is a regional chain of 100
pharmacies operating in the upper Midwest, with locations in Minnesota,
North Dakota, South Dakota, Iowa, Montana, and Wisconsin. Thrifty White
is one of the nation's 100 largest employee stock ownership companies,
with 100 percent employee ownership. This unique ownership structure
allows Thrifty White to focus on the long-term strength and growth of
the company. Thrifty White was named the 2016 national "Pharmacy
Innovator of the Year" by Drug Store News for the company's efforts to
continually move the practice of pharmacy forward. The company was one
of the nation's leaders in developing a Medication Synchronization
program which allows patients to have all of their maintenance
prescriptions filled on one day each month. This service dramatically
improves medication adherence and lowers overall medical costs.

About PrescribeWellness

PrescribeWellness is
a leading cloud-based patient relationship management solution company
that inspires collaboration between pharmacies, payers, providers,
pharmaceutical companies, and their patients for better health.
PrescribeWellness enables collaboration between disparate healthcare
systems for better health across America by connecting patients to
locally owned community pharmacies. Its proprietary cloud-based platform
empowers pharmacists to provide more effective preventive healthcare
services, which improve medication adherence, chronic disease
management, transitions in care, and population health. With data
integration and behavioral science as the foundation, PrescribeWellness
software solutions position the pharmacist at the center of community
healthcare prevention. Inc. 5000 named PrescribeWellness one of
America's Fastest Growing Privately-Held Companies for the past three
years. For more information, please visit www.prescribewellness.com.

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