CVS SilverScript adds 7 ACOs to pharmacy-care initiative
CVS CAREMARK CORP.'S SilverScript Insurance Co. has added seven accountable-care organizations in California, Florida and New Jersey to an existing group of ACOs working to improve pharmacy care for Medicare beneficiaries.
WOONSOCKET – SilverScript Insurance Co., a CVS Caremark Corp. company, has partnered with seven accountable-care organizations in California, Florida and New Jersey to improve pharmacy care for Medicare Part D beneficiaries enrolled in the SilverScript prescription drug plan.
SilverScript offers medication therapy management programs, comprehensive medication reviews and other programs designed to enhance coordination of pharmacy care for Medicare beneficiaries and counsel them individually.
Through the collaboration, clinicians at the participating ACOs will be able to track prescription activity and usage for the SilverScript beneficiaries they treat, including the use of generic versus brand-name prescriptions, and identify possible risks, such as drug-to-drug interactions, duplicate therapies or high-risk medications.
“Our expertise and access to patient-prescription data can help these accountable-care organizations identify those Medicare Part D patients who could benefit from interventions designed to improve medication adherence, reduce gaps in care and help reduce overall pharmacy spend,” said Dr. Troyen A. Brennan, chief medical officer for CVS Caremark.
Participating ACOs include Monarch Healthcare ACO and National ACO in California; American Health Alliance, Orange Accountable Care, Orange Accountable Care of South Florida and West Florida ACO in Florida; and VirtuaCare ACO in New Jersey.
These seven organizations join an existing group of ACOs across the country that SilverScript has been working in collaboration with to improve pharmacy care for the Medicare Part D beneficiaries they serve. These ACOs include PriMed in Connecticut, Franciscan Alliance ACO in Indiana, Jordan Community ACO in Massachusetts, Dartmouth-Hitchcock Health in New Hampshire and Atlantic ACO in New Jersey.
“We believe this partnership can help our ACO partners improve key quality measures for their Medicare patients and improve health outcomes in line with our purpose of helping people on their path to better health,” said Brennan.