Leading specialty pharmacy secures more than $7.2 million in financial assistance
Avella Specialty Pharmacy announced today that in 2012 its staff helped patients receive more than $7.2 million in financial assistance. Extensively trained Avella representatives work with patients to secure funding to cover their specialty medication costs.
“Our goal at Avella is for patients to avoid having to make a financial choice between their medications and other necessities,” said Eric Sredzinski, Pharm.D., vice president of clinical affairs. “Our team is uniquely skilled at securing funds to offset patient medication costs. Providing this unexpected service to patients helps lessen their stress and gives them peace of mind as they go through a difficult journey.”
The cost of many specialty medications is often prohibitive, even for patients with health insurance. With monthly co-pays in the hundreds or even thousands of dollars, many patients cannot afford their specialty medications. Leveraging strong working relationships with foundations and manufacturers that offer financial assistance, Avella’s financial team members help patients navigate through the application and enrollment process, improving patient access to these financial resources.
Avella’s financial assistance team members act as primary advocates with payors. They become the dedicated go-between for each patient with health insurance companies. The team has extensive training in assisting underinsured patients to minimize their out-of-pocket costs. They work to quickly secure financial assistance on many specialty medications.
A leader in the specialty pharmacy industry, Avella’s enhanced clinical management programs educate and empower patients, enhance patient adherence, promote regular communications with providers and reduce costs at every opportunity.