What You Ought to Know:
– Avel eCare, a supplier of telemedicine providers, right this moment introduced the acquisition of Hospital Pharmacy Management, Inc. (HPM), an organization specializing in distant medicine order evaluate and onsite pharmacy administration for hospitals and well being techniques.
– The strategic acquisition considerably expands Avel eCare’s telepharmacy capabilities and strengthens its dedication to supporting healthcare suppliers, notably in addressing the rising scarcity of pharmacists.
HPM Background
HPM, primarily based in Kansas, has been serving hospitals throughout Kansas, Nebraska, Missouri, and Texas since 1993. They supply a singular mix of onsite and distant pharmacy providers, together with medicine order evaluate, verification, and entry, together with complete medical pharmacy assist. This acquisition permits Avel eCare to leverage HPM’s experience and established community to additional improve its present telepharmacy choices.
Acquisition Addresses the Pharmacist Scarcity
The acquisition comes at a vital time when hospitals and well being techniques are grappling with a big scarcity of pharmacists. This scarcity usually results in elevated workloads, burnout, and potential dangers to affected person security. By combining forces with HPM, Avel eCare is well-positioned to assist healthcare services mitigate these challenges.
Enhanced Telepharmacy Companies
The expanded Avel Pharmacy group will provide hospitals and well being techniques:
- 24/7 entry to a group of licensed, hospital-trained pharmacists: Guaranteeing well timed medicine order processing and evaluate, even throughout off-peak hours.
- Decreased pharmacist burnout: Assuaging workload pressures on onsite pharmacy employees.
- Improved medicine security: Minimizing the chance of antagonistic drug occasions via skilled order verification and medical pharmacy providers.
- Enhanced effectivity: Streamlining medicine administration processes and optimizing pharmacy operations.
“We acknowledge the vital position that pharmacies play in well being techniques. This deal will allow us to increase our telepharmacy assist and administration providers at a time when well being techniques are fighting staffing shortages amongst different challenges,” mentioned Doug Duskin, CEO of Avel eCare.
