SOURCE: CHD Meridian Healthcare

October 08, 2007 09:00 ET

CHD Meridian Healthcare and McKesson Forge New Relationship

CHADDS FORD, PA--(Marketwire - October 8, 2007) - CHD Meridian Healthcare, an I-trax, Inc. (AMEX: DMX) company and the leading provider of workplace healthcare, announced today that it has selected McKesson Corporation as its primary pharmaceuticals distributor for its on-site pharmacies and healthcare centers.

Along with supplying pharmaceuticals, McKesson will work with CHD Meridian to implement pharmacy technologies and automation systems that are expected to result in cost savings and enhanced patient safety and convenience. McKesson is the world's largest healthcare services company and is a respected leader in pharmacy supply management.

"We expect this strategic partnership with McKesson to result in significant benefits over the next five years," said Frank A. Martin, chairman of CHD Meridian Healthcare. "For our clients, though, this partnership means even more. It means that we will be enhancing our already innovative pharmacy model and providing even greater value for them."

CHD Meridian Healthcare, the largest provider of on-site healthcare centers for employers across the country, operates 30 workplace-based pharmacies that are either stand-alone facilities or are integrated with other health services. The company is implementing McKesson's Enterprise Rx technology at all of its pharmacy locations. The platform allows for more efficient staffing and greater accuracy by reducing the number of times a prescription is touched before it is filled.

The agreement with McKesson also gives CHD Meridian the ability to utilize Parata's automated delivery technology, APM, at its pharmacies. The kiosk system allows patients to pick up their prescriptions more quickly and expedites the checkout process. "This technology makes it quicker for our clients' employees to get their prescriptions, gives them more privacy, and frees up the pharmacy staff for enhanced patient counseling, wellness and disease management engagement," said J. Kevin Bice, R.Ph., senior vice president of Pharmacy Operations for CHD Meridian.

McKesson is allocating dedicated resources to CHD Meridian to help ensure the timely and successful implementation of this partnership. "We see this investment as a sign of McKesson's commitment to CHD Meridian and our belief in their approach to delivering healthcare in the workplace. Today's healthcare consumers are continually seeking out convenient, efficient and cost-effective care, and McKesson is pleased to support CHD Meridian in the delivery of innovative solutions such as this," said John Figueroa, president, McKesson Pharmaceuticals.

About CHD Meridian Healthcare

CHD Meridian Healthcare, an I-trax company, is the leading provider of integrated workplace health and productivity management solutions. Serving more than 100 clients in 34 states, CHD Meridian Healthcare offers on-site health centers, which deliver primary care, acute care, corporate health, occupational health and pharmacy care management services as well as integrated disease management, wellness and lifestyle management programs. CHD Meridian Healthcare provides a comprehensive solution utilizing telephonic and e-health tools to enhance the trusted relationship established by its clinicians at the worksite.

CHD Meridian Healthcare is focused on helping companies achieve employer of choice status, making the workplace safe, improving the quality of care and the productivity of the workforce while mitigating healthcare costs. Managing employer-sponsored health centers for over 40 years, some of CHD Meridian Healthcare's clients include: BMW, Blue Ridge Paper, Coors Brewing Company, Coushatta Casino Resort, Deutsche Bank, Eastman Chemical, Fieldale Farms, Horizon Blue Cross Blue Shield of New Jersey, Lowe's, Toyota, UnumProvident and US Steel. For more information, visit www.chdmeridian.com.

About McKesson

McKesson Corporation (NYSE: MCK) is a Fortune 18 healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes and improving the quality and safety of patient care. McKesson is the longest-operating company in healthcare today, and will mark 175 years of continuous operations in 2008. Over the course of our rich history, McKesson has grown by providing pharmaceutical and medical-surgical supply management across the spectrum of care; healthcare information technology for hospitals, physicians, homecare and payors; hospital and retail pharmacy automation; and services for manufacturers and payors designed to improve outcomes for patients. For more information, visit www.mckesson.com.

Safe Harbor Statement: This news release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated, including those risks detailed in each of I-trax's and McKesson's filings with the Securities and Exchange Commission, and should be read in light of these risks.

Contact Information

  • Contacts:
    Michele Hart-Henry
    CHD Meridian Healthcare
    (610) 459-2405 x109
    Email Contact

    Lindsay Rubin
    Edelman
    (212) 704-8227
    Email Contact