Enclara Pharmacia Enters into Agreement to Acquire Avanti Health Care Services, Enhances Service Offering and Improves Access to Hospices in Greater New York Region

PHILADELPHIA–(BUSINESS WIRE)–Enclara
Pharmacia
(Enclara), the market leader in comprehensive pharmacy
benefits management (PBM) services to the hospice community, announces
its agreement to acquire Avanti
Health Care Services
, a full-service, direct delivery pharmacy
provider in the greater New York region. The acquisition is expected to
close in the first quarter of 2019 and represents a strategic expansion
to optimize medication access options and to support underserved
regional markets as well as Enclara’s expansion into the home care
pharmacy market.

Andy Horowitz, CEO of Enclara says, “The agreement with Avanti will
immediately benefit the hospice community across the five boroughs of
New York City, as well as the greater New York region, by providing
enhanced access to our innovative pharmacy solutions, unmatched clinical
resources, and market-leading technology solutions. The addition of
local, same-day direct delivery pharmacy capabilities, through a highly
regarded, longstanding provider in the New York market, further bolsters
our PBM and national mail order services, allowing for a more seamless
experience for our hospice partners’ medication delivery needs. This
arrangement is part of Enclara’s larger strategy to execute on
opportunities in key markets that serve to strengthen operational
efficiencies and improve medication availability for hospices and their
patients.”

This acquisition will expand Enclara’s clinical expertise and resources
to already successful medication therapy management (MTM) programs at
Avanti in the home care market. The company’s MTM program offers
comprehensive reviews by specially trained pharmacists that can lead to
better clinical and economic outcomes, including fewer hospitalizations,
improved medication adherence and better management of chronic
conditions.

“Avanti has a tremendous reputation for service and quality within its
regional hospice and home care community and that will not change,” says
Horowitz. “Moving forward it will be uniquely positioned to add value to
the market through Enclara’s resources. We look forward in continuing to
deliver the best nurse, executive and patient experience to the
community.”

Pietro “Peter” Piacquadio, R.Ph., CEO of Avanti Health Care Services
says, “We are excited about joining Enclara as it aligns perfectly with
our vision and greatly expands our capabilities to respond to the
demands of an ever-changing health care environment. We are thrilled to
bring this opportunity to the greater New York region hospice and home
care community.”

About Enclara Pharmacia

Enclara Pharmacia is a national full-service PBM and mail order supplier
of medications and clinical services developed specifically for the
hospice and palliative care industry. Enclara services over 500
customers and 90,000 patients nationally, helping to reduce pharmacy
costs through a clinically driven model that enables home delivery of
pharmaceuticals, as well as access to a network of over 65,000 retail
pharmacies, including our own automated fulfillment pharmacies, and
institutional pharmacies. For more information, visit www.enclarapharmacia.com.

Contacts

Media:
Nicole Dufour
CPR Communications for Enclara
Pharmacia
ndufour@cpronline.com
201.641.1911
x 54