MURFREESBORO, Tenn., Oct. 25, 2018 /PRNewswire-PRWeb/ -- TwelveStone Health Partners, a leader in chronic care medication management, has obtained licensure to provide specialty and compliance packaged medications in 30 states, and plans to obtain licenses for all 50 states.
"We're on a mission to be the national leader in delivering pharmaceutical services and supporting chronic conditions in post-acute care environments, no matter where the patient lives," says Shane Reeves, chief executive officer of TwelveStone. "Licensure in these initial 30 states is a critical first step towards fulfilling our national expansion goals."
The licensure enables the company to negotiate specialty payer contracts, which often require national licensure before allowing the provider into the network, as well as provide specialty and compliance packaged medications across state lines, and to enable deployment of the company's delivery tracking software. The company began pursuing the licensure process in April and plans to expand to all 50 states within the next six months.
Chronic disease, or ailments that persist over a long period of time, affects half of all Americans. Treating and managing chronic disease account for 86 percent of the nation's $3 trillion spent on healthcare. Improved medication management, such as providing specialty and packaged medication, has been shown to lower chronic disease management costs and improve outcomes.
The 30 states are: Alaska, Arizona, Colorado, Florida, Georgia, Illinois, Iowa, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Washington, Wisconsin and Wyoming.
ABOUT TWELVESTONE HEALTH PARTNERS TwelveStone Health Partners incorporates the objective of glorifying God into its mission by delivering a higher level of service to partners and patients. As an organization, TwelveStone supports the transition from acute to post-acute care environments and the transition from sickness to health. This is the third evolution in the company's history, beginning in 1980 when Richard Reeves and Ronald Powell created a single retail pharmacy location then called Reeves Powell Saveway Drug Store. In 1994 Shane Reeves and Rick Sain launched Reeves-Sain and over 20 years grew the organization to include seven companies. In 2015 Reeves Sain Drug Store, Inc., a retail pharmacy, and its specialty pharmacy, EntrustRx were sold to Fred's, Inc. In 2016 Shane Reeves launched TwelveStone Health Partners with the objective of continuing to pursue the highest professional, business and community goals set forth by its founders. For more information visit http://www.12stonehealth.com.
SOURCE TwelveStone Health Partners
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"We're on a mission to be the national leader in delivering pharmaceutical services and supporting chronic conditions in post-acute care environments, no matter where the patient lives," says Shane Reeves, chief executive officer of TwelveStone. "Licensure in these initial 30 states is a critical first step towards fulfilling our national expansion goals."
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The licensure enables the company to negotiate specialty payer contracts, which often require national licensure before allowing the provider into the network, as well as provide specialty and compliance packaged medications across state lines, and to enable deployment of the company's delivery tracking software. The company began pursuing the licensure process in April and plans to expand to all 50 states within the next six months.
Chronic disease, or ailments that persist over a long period of time, affects half of all Americans. Treating and managing chronic disease account for 86 percent of the nation's $3 trillion spent on healthcare. Improved medication management, such as providing specialty and packaged medication, has been shown to lower chronic disease management costs and improve outcomes.
The 30 states are: Alaska, Arizona, Colorado, Florida, Georgia, Illinois, Iowa, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Washington, Wisconsin and Wyoming.
ABOUT TWELVESTONE HEALTH PARTNERS TwelveStone Health Partners incorporates the objective of glorifying God into its mission by delivering a higher level of service to partners and patients. As an organization, TwelveStone supports the transition from acute to post-acute care environments and the transition from sickness to health. This is the third evolution in the company's history, beginning in 1980 when Richard Reeves and Ronald Powell created a single retail pharmacy location then called Reeves Powell Saveway Drug Store. In 1994 Shane Reeves and Rick Sain launched Reeves-Sain and over 20 years grew the organization to include seven companies. In 2015 Reeves Sain Drug Store, Inc., a retail pharmacy, and its specialty pharmacy, EntrustRx were sold to Fred's, Inc. In 2016 Shane Reeves launched TwelveStone Health Partners with the objective of continuing to pursue the highest professional, business and community goals set forth by its founders. For more information visit http://www.12stonehealth.com.
SOURCE TwelveStone Health Partners
