- One of the nation's largest Medicaid managed care organizations to implement DailyMed(TM) to high-risk Medicaid members in five states.
- The aim of the DailyMed(TM) program is to help to reduce healthcare costs by reducing chronic medication costs and decrease hospitalizations.
INDIANAPOLIS, June 24 /PRNewswire-FirstCall/ -- WellPoint (NYSE: WLP) announced today that it has signed an agreement with Arcadia Resources, Inc. (NYSE Amex: KAD), a leading provider of home care, medical staffing and pharmacy services under the Arcadia HealthCare(SM) brand, to initiate the DailyMed(TM) medication management program to its high-risk Medicaid members in five states where WellPoint companies provide Medicaid managed care benefits.
The program will be launched in late June in Virginia and will subsequently expand to an additional four states. WellPoint affiliates in its State Sponsored Business Division comprise one of the nation's largest Medicaid managed care enterprises serving nearly 1.8 million members in 11 states who are enrolled in Medicaid, State Children's Health Insurance Programs, and other state sponsored health care programs. Financial terms of the agreement were not disclosed.
DailyMed Pharmacy (www.DailyMedRx.com) is Arcadia's proprietary medication adherence program that focuses on controlling healthcare costs for patients taking multiple medications including packaging prescription and over-the-counter medications into pre-sorted packets delivered directly to the home that show the correct time and day for patients to take their medications.
"Helping our members manage their health care is a cornerstone to our progr
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| SOURCE Arcadia Resources, Inc. Copyright©2009 PR Newswire. All rights reserved |