The acquisition of Hospital Pharmacy Management allows Avel to expand its comprehensive pharmacy care by providing both remote and onsite pharmacy management services to new and existing health system customers
SIOUX FALLS, S.D., Dec. 23, 2024 /PRNewswire/ — Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, today announced the acquisition of Hospital Pharmacy Management, Inc. (HPM), a Kansas-based provider of remote medication order review and onsite pharmacy management services to hospitals and health systems. The deal strengthens and builds on Avel’s existing remote pharmacy services.
“We recognize the critical role that pharmacies play in health systems. This deal will enable us to expand our telepharmacy support and management services at a time when health systems are struggling with staffing shortages among other challenges,” said Doug Duskin, CEO of Avel eCare.
HPM provides hospital pharmacy management and remote pharmacy order verification to 51 hospitals across Kansas, Nebraska, Missouri and Texas. Since 1993, HPM’s pharmacists have helped rural hospitals fill gaps and provide exceptional patient care. While not a pharmacy staffing company, HPM has matched hospitals with experienced pharmacists who serve as Pharmacists-in-Charge in a mix of onsite and remote capacities.
“We’re thrilled to join forces with Avel which has been at the forefront of remote pharmacy services for more than a decade,” said Bill Walden, Partner and Co-Owner of Hospital Pharmacy Management. “From the ER to the ICU and everywhere in between, pharmacy plays a significant role in improving patient safety and quality of care.”
The expanded Avel Pharmacy team will help hospitals and health systems mitigate Pharmacist-in-Charge shortages and reduce burnout by providing 24/7 access to a team of licensed, hospital-trained pharmacists for medication order entry, reviews, and verifications of orders and other clinical pharmacy services.
The Avel Pharmacy team promptly and efficiently processes millions of orders each year while identifying opportunities for improvement and ongoing monitoring. These activities help to avoid adverse drug events and improve care delivery.