Retail News Breaks Archives
Kmart taps Diplomat for specialty pharmacy services
May 5th, 2014
HOFFMAN ESTATES, Ill. – Kmart has entered an agreement with Diplomat Specialty Pharmacy to expand access to specialty medications for Kmart Pharmacy patients.
The discount store chain, part of Sears Holdings Corp., said Monday that the alliance with Diplomat will provide patients with access to specialty drugs and support for such diseases and conditions as HIV, Crohn's disease, anemia blood modifiers, hepatitis C, cystic fibrosis, growth hormone, multiple sclerosis, osteoporosis, renal, rheumatoid arthritis and transplants.
Kmart Pharmacy patients also will have access to patient care coordinators familiar with their medical files, specialized injection training (for those requiring that service), and manufacturer co-payment support cards (if eligible).
"We understand that when patients are dealing with a chronic or complex health condition they need an extra level of care," Mark Panzer, president of pharmacy for Sears Holdings. "By partnering with Diplomat Specialty Pharmacy, Kmart Pharmacy is able to provide a highly trained team to support medication therapy and comprehensive care management to better serve our specialty pharmacy members."
Kmart noted that its agreement with Flint, Mich.-based Diplomat will enable its pharmacies to provide a new level of service and convenience for the growing specialty medication population. By 2018, specialty drugs are projected to account for more than 51% of sales within the top 100 prescription products, the retailer reported.
"Working with Kmart Pharmacies means millions more will have access to specialty drugs through the convenience of their local Kmart pharmacy," stated Ela Lourido, director of retail specialty network for Diplomat. "It also means patients will have access to teams of specialists who understand their unique needs. The big winner in this is the specialty drug patient, who now has a full team of health care professionals at their disposal, working together to ensure the best outcome."
Overall, Kmart has more than 800 pharmacies in its approximately 1,150 stores nationwide.