Foundation Care gets new office, warehouse space for pharmacy, distribution services
ST. LOUIS — Retail pharmacy and specialty distributor Foundation Care has acquired a new office and warehouse space to accommodate new demand for its pharmacy and distribution services, the company said.
The 20,000-sq.-ft. space is adjacent to its Earth City, Mo., location, and the company said it would ensure adequate space to cater to its current and future pharmaceutical, biotech and device business partners.
“We are very excited about this investment and commitment to the Earth City area as it will allow for us to expand our capabilities and create new jobs,” Foundation Care CEO Dan Blakeley said.
Navarro Discount Pharmacy promotes Ortiz to CEO
MIAMI — Regional pharmacy chain Navarro Discount Pharmacy, which currently has 29 stores, has named finance executive Juan Ortiz the company’s CFO, to the position of CEO.
Ortiz succeeds CEO Steve Kaczynski, whose expertise in retail merchandising and marketing over the last 18 months has been instrumental in setting a strategic direction for the company and expanding its footprint in South Florida and nationally.
"Juan Ortiz and his team have worked diligently on [giving] Navarro¹s successful financial turnaround building a singular focus and working hand-in-hand with management and employees to execute an effective, long term plan," stated Jorge Rico, a co-founding partner of MBF Healthcare Partners, Navarro’s equity partner. "In addition, Juan’s leadership over the last three years laid the needed groundwork for the first phase of Navarro¹s three-year store expansion plan, now being implemented, as well as record sales and earnings in the company’s 50-year history."
Kaczynski is credited with leading the company to year-over-year increases in sales and earnings and developing a new branding and revitalization program, which included its store expansion and e-commerce capabilities, as well as unveiling the Vida Mia brand, Navarro¹s own bilingual, private-label brand of Hispanic products.
Ortiz joined Navarro as its CFO in August 2008. He and his team stabilized sales and customer traffic, identified new revenue streams, increased profitability and reduced operating expenses by $10 million in a 24-month period, the company stated.
Dakotacare implements RxEOB’s pharmacy prior authorization solution
SIOUX FALLS, S.D. — South Dakota’s largest physician-owned health plan has adopted prior authorization automation technology from RxEOB for use across its membership, RxEOB said.
Dakotacare will use the company’s AutoAuthRx to allow clinical pharmacists to collaborate with providers and ensure each prescription is aligned with the member’s specific benefit design and the associated evidence-based guidelines.
“We are pleased RxEOB can help us bring tools to our community, which allow providers to make the most informed pharmacy decisions for our members, promote lower-cost options when clinically appropriate and free clinician and staff time to focus on patient care,” Dakotacare VP medical management Rich Jones said in a statement. “AutoAuthRx is fully aligned with our mission to make health care more efficient for all to ensure we can offer a rich set of benefit options, to drive effective medical management programs and to preserve the financial stability of our healthcare system.”
AutoAuthRx is part of RxEOB’s workflow technology suite, which also includes the software program RxEFormulary, for consolidating into one source the many formularies that health plans and pharmacy benefit managers maintain, as well as RxMonitor, an analytics and reporting engine that delivers detailed pharmacy utilization and drug switching and compliance metrics to employers, health plans and PBMs.