Bank's Apothecary, subsidiary of RXD Pharmacy Inc., was recently awarded a URAC Specialty Pharmacy accreditation, with the expert consultation provided by BHM Healthcare Solutions. The impressive achievement of accreditation is awarded for three year
BHM Healthcare Solutions, a comprehensive healthcare management consulting firm, provided assistance to Bank's Apothecary and was pivotal in assisting the company, a subsidiary of RXD Pharmacy, Inc. located in Pennsylvania, to successfully achieve URAC Specialty Pharmacy Accreditation. URAC is the largest accrediting body for healthcare organizations and is recognized nationwide. URAC accreditation is a symbol of excellence and validation of an organization's commitment to quality and accountability.
BHM's URAC Accreditation Assistance Team, led by Irma Moreira, conducted a thorough review of Bank's existing policies, procedures, program descriptions, reports, and other data to evaluate their compliance with URAC standards. In addition to assuring URAC's application standards were met, Ms. Moreira personally developed and managed the infrastructure required to achieve and maintain URAC Specialty Pharmacy Accreditation. After developing a detailed project plan, BHM consultants collaborated with members of Bank's Pharmacy, including Sam Maddula - Owner, to efficiently and cost-effectively ensure that the organization was fully prepared to meet URAC Specialty Pharmacy Accreditation standards.
"We are proud to have teamed with Bank's Apothecary in achieving URAC Specialty Pharmacy accreditation," states Mark Rosenberg, President of BHM. "As a specialty pharmacy, Bank's Apothecary is a part of one of the most rapidly growing segments in today's rapidly evolving healthcare industry. We believe that attaining this accreditation will better position Bank's Apothecary to develop strategic partnerships with Accountable Care Organizations (ACOs) as they endeavor to deliver superior patient care at lower costs."
BHM is a healthcare management consulting firm whose specialty is optimizing profitability while improving care in a variety of health care settings. BHM has worked both nationally and internationally with managed care organizations, providers, hospitals, and insurers. In addition to this BHM offers a wide breadth of services ranging including healthcare transformation assistance, strategic planning and organizational analysis, accreditation consulting, financial consulting for healthcare, physician advisor/peer review, and organizational development.