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CPS Launches a New Spark for Specialty Pharmacy

CPS has been transforming pharmacies across the country for nearly half a century by delivering leading pharmacy solutions to our clients. We continue that proud tradition today with the introduction of CPS SPARX. 

SPARX is a specialty pharmacy network solution built in response to - and in support - of our hospital and health system partners as demand for specialty medications continues to escalate.  

SPARX is a complete enterprise solution that unleashes the powerful potential within the health system - by finding new sources of revenue, retaining and growing the patient base and improving patient care outcomes. Whether a hospital has an established specialty pharmacy or needs one that they can own and operate, SPARX can manage the complex administration and accreditation challenges while improving access to limited distribution drugs. 

SPARX provides expertise in:

  • Retail Pharmacy
  • Turnkey Specialty Pharmacy – with specialty patient management powered by advanced software technology
  • Infusion Services

SPARX has a unique execution model that flexibly adapts to the needs of each hospital or health system, comprised of:

  • Strategy – We analyze opportunity, assess payer mix and 340B to craft your specialty pharmacy strategy.
  • Design – We create a facility plan incorporating your existing retail pharmacy or new build-out and oversee its construction, communications center, IT and telepharmacy operations.
  • Operations – We review and support all retail pharmacy functions, hire and train a team, integrate with the existing patient care team, create marketing solutions and provide patient care services.
  • Growth – We obtain dual accreditation and ensure compliance within nine months of the go-live date, provide intelligence regarding the specialty business, drive payer contracting solutions and interface with drug manufacturers regarding limited distribution treatments.

Learn more about how SPARX can transform your facility into a specialty pharmacy powerhouse.

Download our SPARx resource guide

Posted: Friday, April 24, 2020

Tags: Specialty Pharmacy, CPS Blog Posts