AscellaHealth Jumps to Sixth Location on Philadelphia Business Journal “Soaring 76” List of Swiftest-Increasing Businesses

BERWYN, Pa.–(Enterprise WIRE)–AscellaHealth, a national specialty pharmacy gain manager (SPBMTM) serving commercial, Medicare and Medicaid segments, was rated 6th on the Philadelphia Business enterprise Journal’s 2019 “Soaring 76” checklist of swiftest-expanding companies in larger Philadelphia region as measured by income over a a few-calendar year time period from 2017 via 2019. The enterprise jumped from the 14th place past 12 months, with specialty pharmacy administration programs driving a great deal of that development as companies and wellness plans are increasingly having difficulties to take care of expenditures of specialty pharmacy medicines.

“We are deeply gratified to rise in the ‘Soaring 76’ position and count this as an fantastic accomplishment for our staff and a testomony to our faithful client foundation,” suggests Dea Belazi, president and CEO, AscellaHealth. “We owe our achievement to the related and timely price we give to our shoppers. Our specialty health care pharmacy management is created to lessen expenses, boost specialty drug availability and improve patient outcomes by means of proper medication remedy administration.”

Every year, the Philadelphia Organization Journal ranks the fastest-developing firms in the location primarily based on Securities and Exchange Commission filings and honors recipients at an awards event exactly where the rating of each individual business is unveiled.

The Soaring 76 closing list seems to be at income advancement more than a a few-12 months interval from 2017-2019. Exclusively, the closing listing rank arrived from averaging the % improve in income from 2017 to 2018, and the p.c transform from 2018 to 2019. In buy to qualify, organizations had to be headquartered within Bigger Philadelphia have no father or mother enterprise and have produced at least $750,000 in profits in 2017 and at the very least $2 million bucks in 2019.

“This profits raise is testimony to marketplace confidence in our enterprise product and assistance portfolio, with the payer community continuing to embrace AscellaHealth’s streamlined Specialty Pharmacy product. With advanced analytics and packages, we are capable to improve adherence to procedure and make improvements to client outcomes with the general purpose to regulate the total price tag of the declare,” Belazi adds, “Amid the volatility of the COVID-19 pandemic and striving to maintain exceptional wellbeing for Us residents, customers transform to us for medication remedy cost containment applications that have a beneficial effect on all round health care fees.”

About AscellaHealth

AscellaHealth, a national specialty pharmacy profit supervisor (SPBMTM), serving commercial, Medicare and Medicaid segments, provides higher quality prescription drug advantage administration expert services. Complemented by other customizable providers, such as carved-out specialty pharmacy providers and price-personal savings courses, AscellaHealth presents a special, proprietary company portfolio. Take a look at