July 10th, 2020 – AlphaScrip Inc. and Transition Pharmacy Services leading providers of patient access solutions and pharmacy services, announced the merger of the two companies, creating a patient access and pharmacy services leader. With a common desire to enhance and expand service offerings, and shared values and commitment to excellence, the merger made perfect sense for both companies.
“We are very excited to be joining forces with the talented team at Transition Pharmacy which highlights our continued focus on expanding and enhancing solutions for our pharmaceutical manufacturer partners to deliver better patient support and better health outcomes.” said Bill Kennedy, Executive Chairman. “The merger will strengthen our existing best-in-class solutions, including patient access programs, hub services and patient assistance programs allowing us to serve companies of all sizes throughout the product lifecycle and providing patients streamlined access to medication.”
AlphaScrip and Transition Pharmacy have a history of putting their clients first. The combined expertise and experience in pharmacy and medication access will allow the new organization to provide a wider array of services to achieve its overall goal of creating opportunities for their clients in the rapidly changing pharmacy services market. “The addition of Transition Pharmacy Services to AlphaScrip will expand AlphaScrip’s portfolio of solutions for pharmaceutical manufacturers” said Danita Florez, Vice President Business Development. “The combination of co-pay cards, a patient centric pharmacy hub, and Transition Pharmacy’s nationwide direct-to-patient medication delivery service provides a comprehensive solution for our customers to address patient access, affordability, and adherence for pharmaceutical products.”
“The key to our success has been, and will continue to be solid relationships with our customers, service they can count on and trust, and our focus on developing the full potential of their business.” said Chris Di Lascia, President and CEO of Transition Pharmacy. “Together, we will be able to leverage our combined expertise in medication access and medication fulfillment to provide new services, reduce costs, and increase our client’s return on investment.”
AlphaScrip and Transition Pharmacy Services will maintain full operations out of their current offices. The combined companies will leverage efficient hub-lite services processing and enhanced benefit investigation capabilities, with copay card solutions and an expanded network of pharmacies to deliver comprehensive solutions to expand medication Access, Affordability, and Adherence for clients.
About AlphaScrip
AlphaScrip was founded in 1991 and is the pioneer in manufacturer copay cards and free trial vouchers. AlphaScrip has extensive experience working with pharmaceutical manufacturers to help brands increase market share and optimize ROI results. With 30 years history rooted in the founding of PCS and the formation of the NCPDP, AlphaScrip’s fully integrated solutions are administered in an efficient and fully transparent manner. Their solutions include benefit verification, co-pay card solutions, and direct to patient pharmacy network management which enhances patient access and adherence, as well as ensure client programs are administered in an efficient and fully transparent manner.
About Transition Pharmacy
Transition Pharmacy is a recognized leader in direct to patient pharmacy and Patient Assistance Program solutions. For over 15 years, TPS pharmacy has been the first-line in connecting patients with their medication programs. With an in-house pharmacy licensed in all 50 States, unmatched expertise in healthcare supply chain logistics, and innovative approach to medication access, TPS addresses our customer’s need to provide successfully increasing medication access and adherence and delivering a positive return on investment for its clients.
For more information or questions please contact Jessica Florez at jflorez@nexuspatientservices.com
