SelectRx Receives Patient-Centered Pharmacy Home™ Accreditation from The Compliance Team (TCT)
- SelectRx's accreditation as a Patient-Centered Pharmacy Home could positively impact SelectQuote's stock price by enhancing the company's reputation and attracting more customers. The accreditation validates SelectRx's ability to deliver a great patient experience and demonstrates the pharmacy's growth from serving 2,000 members to over 45,000 members nationwide.
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Patient-Centered Pharmacy Home (PCPH) is The Compliance Team’s award-winning value-based care program focusing on advanced pharmacy practices for chronically ill patients.
PCPH is based on TCT’s CMS-recognized Patient-Centered Medical Home program, which puts special emphasis on health maintenance, preventative screening, medication management, multi-specialty medical services, patient experience reporting, and benchmarking. Patient-centered and value-based care programs are advanced by the National Academy of Medicine and the nation’s leading primary care physician associations.
SelectQuote CEO Tim Danker commented, “We chose to partner with The Compliance Team due to their focus on advanced pharmacy practices. The program's emphasis on improved patient medication management and care planning through better coordination between pharmacists and other healthcare providers is critical to our healthcare delivery system.”
Mr. Danker continued, “We are thrilled to receive Exemplary Provider® status for our SelectRx pharmacy. Since launching SelectRx in 2021, we have grown our pharmacy from a small operation serving just over 2,000 members to a large and sophisticated pharmacy serving over 45,000 members nationwide. We feel this accreditation from TCT further validates that SelectRx delivers a great patient experience.”
About SelectQuote:
Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health, and property. The company pioneered the model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote’s success: a strong force of highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources and routes high-quality leads.
With an ecosystem offering high touchpoints for consumers across Insurance, Medicare, Pharmacy, and Value-Based Care, the company now has four core business lines: SelectQuote Senior, SelectQuote Healthcare Services, SelectQuote Life, and SelectQuote Auto and Home. SelectQuote Senior serves the needs of a demographic that sees around 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a specialized medication management pharmacy, and Population Health which proactively connects its members with best-in-class healthcare services that fit each member's unique healthcare needs. The platform improves health outcomes and lowers healthcare costs through proactive engagement and access to high-value healthcare solutions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230713144214/en/
Investor Relations:
Sloan Bohlen
877-678-4083
investorrelations@selectquote.com
Media:
Matt Gunter
913-286-4931
matt.gunter@selectquote.com
Source: SelectQuote, Inc.
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