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Southeastern Grocers Names CaptureRx as Exclusive 340B Administrator

Founded in 2000, San Antonio-based CaptureRx is a healthcare technology company and leading 340B solution provider that puts people first, touching millions of patient lives through customer obsession and innovative products and services that support relationships among payers, providers, pharmacies and patients. Their solutions manage inventory and financial flow for 340B prescriptions filled at contract pharmacies and perform the eligibility checks required to comply with 340B program requirem

News provided by

CaptureRx

Jan 25, 2018, 02:11 ET

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SAN ANTONIO, Jan. 25, 2018 /PRNewswire/ -- Today, Southeastern Grocers, one of the largest conventional supermarket companies in the U. S., announced a new relationship with CaptureRx as its exclusive 340B administrator for in-store pharmacies across all four of its brands: BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie. Under the new arrangement, Southeastern Grocers will leverage CaptureRx's CaptureConnectTM solution to manage inventory, financial flow, eligibility and compliance for the 340B program.

The 340B drug discount program allows eligible hospitals and clinics to realize drug cost savings whenever patients fill prescriptions at a contracted pharmacy – provided that a list of eligibility requirements are met. By selecting CaptureRx, a healthcare technology company and leading 340B solution provider, Southeastern Grocers aims to reinvigorate working relationships and engagement with their 340B business partners.

"The CaptureConnect solution provides an additional layer of 340B eligibility and compliance screening to help ensure the continued integrity of the 340B program," said Dave Chism, a pharmacist and Senior Director of Pharmacy Managed Care for Southeastern Grocers. "CaptureRx has provided similar preferred provider arrangements with large pharmacy chains since 2011. Throughout that time, we've seen them repeatedly act in the best interests of the industry, which gives us a real level of comfort in choosing them as our compliance partner."

"We're honored that one of the nation's largest grocery chains shares our vision for compliance leadership," said Chris Hotchkiss, CEO of CaptureRx. "This type of partnership – one that is focused on producing beneficial outcomes for providers, patients and pharmacies – is what the 340B program needs in order to remain healthy and stand up to industry scrutiny."

The transition to CaptureConnect will begin immediately. Hospitals and clinics already contracted with a Southeastern Grocers pharmacy may keep their existing 340B program administrator and follow a transition plan provided by Southeastern Grocers, or they can opt to contract directly with CaptureRx. To add a new Southeastern Grocers pharmacy, providers can reach out to their current 340B administrator or contact CaptureRx.

About Southeastern Grocers

Southeastern Grocers, LLC, (SEG) parent company and home of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is one of the largest conventional supermarket companies in the U.S. SEG grocery stores, liquor stores and in-store pharmacies serve communities throughout the seven southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and South Carolina. BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie are well-known and well-respected regional brands with deep heritages, strong neighborhood ties, proud histories of giving back, talented and caring associates and strong commitments to providing the best possible quality and value to customers. For more information, visit www.bi-lo.com, www.frescoymas.com, www.harveyssupermarkets.com and www.winndixie.com.

About CaptureRx

Founded in 2000, San Antonio-based CaptureRx is a healthcare technology company and leading 340B solution provider that puts people first, touching millions of patient lives through customer obsession and innovative products and services that support relationships among payers, providers, pharmacies and patients. Their solutions manage inventory and financial flow for 340B prescriptions filled at contract pharmacies and perform the eligibility checks required to comply with 340B program requirements. Using a process that's seamless to the covered entity, pharmacy and patient, their Cumulus® platform has processed more than 190 million patient encounters and more than 750 million switch claims. CaptureRx solutions serve more than 500 hospitals and health centers in 45 states via a robust pharmacy network of more than 3,500 contracted locations of independent, national and regional pharmacies.

For more information:

Karen Atkinson
VP, Marketing
CaptureRx
210.587.3486 ext 201
[email protected]

SOURCE CaptureRx

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