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The University of Tennessee Medical Center and ContinuumRx Form Healthcare Joint Venture
Date:11/9/2010

BIRMINGHAM, Ala. and KNOXVILLE, Tenn., Nov. 9, 2010 /PRNewswire/ -- The University of Tennessee Medical Center and ContinuumRx™ have announced an agreement to form a joint venture to provide home infusion and specialty pharmacy services to patients across East Tennessee. The joint venture currently serves over 200 patients in this region.

ContinuumRx and The University of Tennessee Medical Center share a common vision to use innovative service models and technology to prevent care gaps and improve communication in the post-acute setting. Care gaps potentially lead to adverse drug interactions, hospital re-admissions and higher overall healthcare costs for patients with chronic and complex conditions. We are in an era of increasing care management complexity as the number of prescribed specialty and infused drug therapy medications – used to treat complex and chronic conditions – continues to increase. At the same time, health systems are being expected to assume more accountability for the services delivered and outcomes achieved for patients in the post acute setting.

"Being open to new models of care delivery are a prerequisite to competing in today's healthcare environment," said ContinuumRx CEO Chuck Jett. "Hospitals are beginning to rethink traditional models of care and extend the continuum of services into the home to provide greater continuity of care and accountability for outcomes."

"This will be of significant benefit to our patients as they leave The University of Tennessee Medical Center and move to the next phase of their care," said Norman Majors, Senior Vice President and Chief Administrative Officer at The University of Tennessee Medical Center. "This joint venture allows us to maintain a relationship with our patients, which is of tremendous importance. Additionally, the timely and ongoing communication shared with our physicians and staff about their patients will
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SOURCE ContinuumRx
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