Washington — URAC, a national accreditation company, has launched a new accreditation program, Community Pharmacy, and CVS/pharmacy has stepped forward to be the first applicant organization to seek community pharmacy accreditation from URAC.
CVS/pharmacy is the retail division of CVS Caremark, which is already accredited for four out of the now six URAC's pharmacy accreditation programs: PBM, drug therapy management, specialty pharmacy and mail service pharmacy.
To earn the accreditation, providers undergo an independent rigorous evaluation process, ensuring the achievement of accountability and quality under industry-vetted standards.
"We are pleased to be the first retail pharmacy seeking URAC's new Community Pharmacy accreditation," stated Josh Flum, SVP of retail pharmacy at CVS Caremark. "Independently validating the quality of CVS/pharmacy's patient services through the same accreditation process that CVS Caremark's other pharmacy businesses have undergone demonstrates our commitment to helping our customers on their path to better health."
URAC's Community Pharmacy Accreditation Program was developed in response to the market need to differentiate community pharmacies that engage in patient counseling and education, MTM and quality initiatives that improve care and reduce overall health care costs.