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Arcadia HealthCare's DailyMed(TM) Signs Deal with Comfort Keepers(R), A Leading Provider of In-Home Care
Date:8/4/2009

one in our plans to continue to develop DailyMed into our fastest growing business segment and to quickly become a leading provider of pharmaceutical services to the senior care market."

James Booth, president and CEO of CK Franchising, Inc., franchisor of Comfort Keepers, said: "We completed an exhaustive review of prescription providers and believe DailyMed is the best solution for our franchisees and, most importantly, the consumers we serve. The system is easy to use and the DailyMed pharmacists are hands-on with customers, providing the ideal combination of convenience, security and lower health care costs. At the end of the day, other automated systems and related 'gadgets' do not provide the necessary pharmaceutical care and management that exists with the DailyMed solution."

Comfort Keepers said it plans to review the expansion of DailyMed into its remaining franchise territories in the later half of 2009 and early 2010. Financial terms of the relationship were not disclosed. Arcadia said that as a result of recent developments with Indiana Medicaid, United Healthcare Group, WellPoint and now Comfort Keepers, DailyMed has become the fastest growing segment of Arcadia HealthCare.

According to the American Society of Consultant Pharmacists, medication-related problems create more than $177.4 billion in preventable health care costs in the United States. There are currently 36 million seniors in the U.S., with this number projected to exceed 70 million in the next several decades, according to the U.S. Census Bureau.

Founded in 1998 by a registered home health care nurse and her husband, Comfort Keepers has grown to more than 610 locations in the United States, Canada, Quebec, Ireland, Australia and Singapore. Comfort Keepers was recently recognized as among the Top 3 Franchise Systems in Senior Care by Entrepreneur Magazine. Arcadia's initial program with Comfort Keepe
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SOURCE Arcadia Resources, Inc.
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