INDIANAPOLIS, June 23 /PRNewswire-FirstCall/ -- Arcadia Resources, Inc. (NYSE Amex: KAD) a leading provider of home care, medical staffing, and pharmacy services under the Arcadia HealthCare(SM) brand, has named Charles Goodall, previously Divisional Vice President for Walgreen Co., as Vice President of DailyMed(TM) Pharmacy Operations
In his new role, Goodall will oversee the Indianapolis pharmacy operations, manage system integration within DailyMed operations, and implement process and technology improvements. He will also work with DailyMed's healthcare provider partners on program launches and execution. The DailyMed Pharmacy (www.dailymedrx.com) dispensing system sorts and organizes a patient's monthly prescriptions, over-the-counter medications and even vitamins into convenient, pre-sorted packets, making it easier than ever to take the right medication at the right time of day. DailyMed's system helps drive down both drug and overall healthcare costs while giving patients a safer and more convenient way to take their medication. In the dispensing process, a DailyMed pharmacist reviews each patient's medication profile and utilizes state-of-the-art Medication Therapy Management (MTM) tools in order to improve the safety and efficacy of the medications being dispensed. The DailyMed program improves patient care and drug utilization while reducing drug and hospitalization costs for private and government payers.
"Charlie is a highly respected innovator for pharmacy operations and technology systems, and we are excited to tap his expertise to manage the expansion of DailyMed across the nation," said Marvin R. Richardson, president and CEO of Arcadia. "With 25 years working his way up the ranks at a leading pharmacy chain, from store manager to executive, Charlie has seen firsthand the potential for integrated pharmacy technology systems, and the deficiencies of the retail model from a patient health care perspective. As we expand DailyMed nationally, Charlie will be a key asset in ensuring DailyMed is an effective and scalable system."
At Walgreen's, Goodall was responsible for the successful implementation of Walgreens' Pharmacy Optimization Within Enterprise Re-engineering (POWER) initiative, which integrated different pharmacy platforms and centralized 600 million prescriptions across the nation into a single system. Goodall holds 11 U.S. patents for pharmacy technology and processes, and he has won numerous industry awards for technology innovations.
Previously, Goodall held positions as divisional vice president of pharmacy technology services and director of healthcare systems. Goodall, a licensed pharmacist, became a store manager in 1985 and manager of retail pricing in 1990, before his promotion to the corporate office as manager of pharmacy technology in 1993. In that position, Goodall led the development of industry-leading pharmacy computer system. He graduated from
"I'm excited to make a positive difference in health care by empowering pharmacists to become active participants in patient care through DailyMed," said Goodall. "Patients and insurers are calling for a more active role by pharmacists, and most agree that retailers are currently not doing enough to fill this need. Unfortunately, the result is unnecessary medication errors and medication-related problems, and ultimately unnecessary costs for the U.S. health care system. DailyMed takes better care of patients by including pharmacists, physicians, nurses and care managers in the pharmaceutical delivery process, and I look forward to being a part of the rapid growth and expansion of this innovative approach to health management and solving these challenges."
About Arcadia HealthCare
Arcadia HealthCare is a service mark of Arcadia Resources, Inc. (NYSE Amex: KAD), and is a leading provider of home care, medical staffing and pharmacy services under its proprietary DailyMed program.
The Company, headquartered in Indianapolis, Indiana, has approximately 70 locations in 21 states. Arcadia HealthCare's comprehensive solutions and business strategies support the Company's vision of "Keeping People at Home and Healthier Longer."
Forward Looking Statements
Any statements contained in this release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21A of the Securities Exchange Act of 1934, as amended and otherwise within the meaning of court opinions construing such forward-looking statements. The Company claims all safe harbor and other legal protections provided to it by law for all of its forward-looking statements. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, estimates, uncertainties and other factors, which could cause actual financial or operating results, performances or achievements expressed or implied by such forward-looking statements not to occur or be realized, including our estimates of consumer demand for our services and products, required capital investment, competition, and other factors. Actual events and results may differ materially from those expressed, implied or forecasted in forward-looking statements due to a number of factors. Important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements are described in the Company's filings with the Securities and Exchange Commission from time to time, including the section entitled "Risk Factors" and elsewhere in the Company's most recent Annual Report on Form 10-K and subsequent periodic reports. Among the factors that could cause future results to differ materially from those provided in our press release are: (i) we cannot be certain or our ability to generate sufficient cash flow to meet our obligations on a timely basis; (ii) we may be required to make significant business investments that do not produce offsetting increases in revenue; (iii) we may be unable to execute and implement our growth strategy; (iv) we may be unable to achieve our targeted performance goals for our business segments; and (v) other unforeseen events may impact our business. The forward-looking statements speak only as of the date hereof. The Company disclaims any obligation to update or alter its forward-looking statements, except as may be required by law.
|SOURCE Arcadia HealthCare|
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