Avel eCare, a pioneer in telemedicine, has taken a significant step to enhance its pharmacy services by acquiring Hospital Pharmacy Management, Inc. This strategic acquisition will enable Avel to offer both remote and onsite pharmacy management, catering to a wider range of healthcare providers.
Based in Sioux Falls, South Dakota, Avel eCare is known as the leading provider of clinician-to-clinician telemedicine services in the nation. With this new addition, the company aims to reinforce its existing pharmacy management capabilities, particularly at a time when healthcare systems face challenges like staffing shortages. The CEO, Doug Duskin, emphasized the importance of pharmacies in health systems, highlighting how this merger will bolster their remote pharmacy support.
Hospital Pharmacy Management, serving 51 hospitals across four states since 1993, specializes in medication order reviews and pharmacy management. Their experienced pharmacists have a strong track record in enhancing patient care in rural hospitals. By joining Avel, they will enhance their outreach and operational efficiency significantly.
The union is set to improve accessibility to licensed pharmacists around the clock, facilitating efficient medication order processing and safety checks. This enhancement underscores Avel’s commitment to patient care quality, reducing potential errors, and improving healthcare delivery.
For further information, you can visit Avel eCare’s official website at www.avelecare.com.
Revolutionizing Pharmacy Management: Avel eCare Enhances Services with Strategic Acquisition
### Avel eCare’s Strategic Acquisition
In a bold move to elevate its pharmacy services, Avel eCare has successfully acquired Hospital Pharmacy Management, Inc. This acquisition is set to dramatically expand Avel’s capabilities in both remote and onsite pharmacy management, addressing the growing needs of healthcare providers across various settings.
### Who is Avel eCare?
Avel eCare, headquartered in Sioux Falls, South Dakota, is renowned as a leader in clinician-to-clinician telemedicine services. The company has gained recognition for its innovative approach to healthcare delivery, making it a pivotal player in telemedicine across the United States. This acquisition aligns with their vision to adapt to the current healthcare landscape, especially during challenging times characterized by staffing shortages and increased demand for telehealth services.
### Features of the Acquisition
– **Enhanced Pharmacy Management:** By integrating Hospital Pharmacy Management’s expertise—serving 51 hospitals across four states since 1993—Avel is poised to improve medication management and safety checks significantly.
– **24/7 Accessibility:** The union will assure that licensed pharmacists are available around the clock, promoting better patient care through timely medication order processing.
– **Improved Outreach:** Hospital Pharmacy Management’s seasoned pharmacists bring a wealth of experience, particularly in enhancing care in rural hospitals, which will complement Avel’s objectives.
### Benefits and Use Cases
– **Streamlined Medication Orders:** The acquisition will facilitate more efficient medication order reviews, which is critical for hospitals operating under tight schedules.
– **Patient Safety:** The merger underscores a commitment to reducing medication errors, thereby enhancing overall patient safety and health system efficiency.
– **Support for Rural Hospitals:** With a focus on rural healthcare, Avel is set to provide essential pharmacy services that might otherwise be limited in those areas.
### Pros and Cons
**Pros:**
– Enhanced telepharmacy services for a wider range of healthcare providers.
– Improved patient care through better medication management.
– Round-the-clock pharmacist accessibility.
**Cons:**
– Possible initial challenges in integrating the two organizations.
– Adjustments needed to align operational protocols across a larger organizational framework.
### Market Trends and Predictions
As telehealth continues to gain traction, the demand for integrated pharmacy management solutions is on the rise. Avel’s acquisition positions it well to capitalize on this trend, providing a comprehensive telehealth package that includes pharmacy care. Predictions indicate that companies focusing on digital health solutions will thrive, as healthcare preferences shift increasingly towards accessible and remote services.
### Conclusion
Avel eCare is leading the charge in modernizing pharmacy management through strategic acquisitions like that of Hospital Pharmacy Management, Inc. This move not only enhances their service offerings but also underscores the importance of innovative approaches in addressing contemporary healthcare challenges.
For more insights into Avel eCare’s services and developments in telemedicine, visit Avel eCare.
