Centric Health Collaborates with Think Research to Digitize its Specialty Pharmacy Operations
TORONTO, April 5, 2018 /CNW/ - Centric Health Corporation ("Centric Health" or the "Company") (TSX: CHH), Canada's leading diversified healthcare services company, and Think Research Corporation ("Think Research") are excited to announce their collaborative program designed to digitize Centric Health's Specialty Pharmacy operations.
Think Research's innovative decision support solution will provide healthcare practitioners with real-time information about seniors and help maximize safety and efficiency through its data analytics capabilities. The solution will digitize Centric Health's medication review program, thereby eliminating paperwork duplication during the pharmacy clinical review process and helping to drive cost savings and efficiencies.
"Ensuring the highest quality of care for the seniors that we serve is our company's top priority," said Tim Matthews, COO of the Specialty Pharmacy segment of Centric Health. "Think Research's digital health solution will provide valuable clinical insights to our partner homes through automated live dashboards, thereby helping to streamline their operations. Our collaboration with Think Research is part of Centric's ambitious business re-engineering plan in the Specialty Pharmacy segment where we continue to adopt new technologies to drive efficiencies and automate manual and outdated processes."
"For over a decade, we have provided digital health solutions across the Canadian public health care continuum. We are excited to work with Centric to extend our evidence-based clinical decision support tools to the private pharmacy segment." said Rushabh Gudka, VP Products at Think Research. "At Think Research, we are focused on helping organizations like Centric excel with digital tools that allow clinicians to work smarter. With these systems in place, we are able to help Centric pharmacists stay focused on patient care instead of paperwork."
About Centric Health:
Centric Health's vision is to be Canada's most respected and recognized provider in the independent healthcare sectors in which it operates, world renowned for delivering the highest levels of quality care and outcomes, innovative solutions and value to patients, clients and stakeholders. To this end, Centric Health primarily focuses on two core healthcare businesses:
- Centric Health's Specialty Pharmacy team is committed to delivering the highest standards of services and care focusing on "Senior's First". The current infrastructure is represented by a national network of 19 fulfilment centres serving more than 28,000 seniors in over 440 seniors communities (long-term care facilities, retirement homes and assisted living facilities) in four provinces. The Specialty Pharmacy division also provides pharmaceutical dispensing services for employees insured by corporate health plans.
- The Surgical & Medical Centres division is Canada's largest independent surgical provider operating five facilities across four provinces. It serves a diversified customer base with private paid non-insured surgeries and diagnostics, government outsourcing of insured surgeries and diagnostics and other procedures funded by third-party payors (including Workers' Compensation) and is the proud owner of Canada's first Centre of Excellence in Metabolic and Bariatric Surgery.
With national networks of facilities in each of its businesses, deep knowledge and experience of healthcare delivery and extensive, trusted relationships with payers, physicians, and government agencies, the Company is uniquely positioned to address current and future healthcare needs in growing markets as the Canadian healthcare industry goes through a major transformation over the medium to long term. www.centrichealth.ca
About Think Research
Think Research's mission is to organize the world's health knowledge so everyone gets the best care. The company takes the ever-growing body of clinical evidence and health care algorithms to create software applications that drive high quality clinical decision making. Think Research's solutions are provided through a secure, multi-application platform that is used by clinicians and patients at the point of care, and is deployed in over 1,000 facilities in Canada, the US and the EU, with millions of patients being impacted annually. For more information visit www.thinkresearch.com
This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements include, among others, statements regarding business strategy, plans and other expectations, beliefs, goals, strategies, alternatives, objectives, information and statements about possible future events. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and in some instances to differ materially from those anticipated by Centric Health and described in the forward-looking statements contained in this press release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits Centric Health will derive there-from. The Company does not undertake to update any forward-looking information contained herein, except as required by applicable Canadian securities legislation.
SOURCE Centric Health Corporation
For further information: Tim Matthews, Centric Health Corporation, 416-927-8400, email@example.com