A pharmaceutical management provider and wholly owned subsidiary of Tampa's Advanzeon Solutions Inc. announced Thursday that it has signed an agreement with All Med Medical and Rehabilitation Centers to extend its services to additional locations, effective immediately.
As per the agreement, All Med will add Pharmacy Value Management Solutions Inc.’s (PVMS) Sleep Apnea Program to its multiple medical locations specializing in medical examinations, specialty care, ambulatory surgery, diagnostics and urgent care services.
"This collaboration is very important as it confirms the continued expansion of our Sleep Apnea Program, which was initially launched in the organized labor market,” Advanzeon Chief Operations Officer Jerry Smith said. “This agreement represents a material expansion of PVMS' Sleep Apnea Program into the commercial health care market. All Med…will now include the Company's Sleep Apnea Program. Based upon national statistics we would anticipate…at least 4,500 patient contacts generating in excess of $5 million annually."
PVMS will serve as sole provider of sleep apnea-related testing and treatment equipment to All Med's patients, reflecting over 150,000 patient visits annually.
"We are very pleased to have entered into this agreement with PVMS,” All Med CEO Robert Slingsby said. “Sleep apnea is…a contributing factor in many disease conditions that we see in our system. PVMS is uniquely qualified to provide a full-service program to assist our clinical staff by efficiently providing the testing and equipment that will allow us to diagnose and treat the often under-diagnosed sleep apnea conditions. We are confident that PVMS' Sleep Apnea Program will provide a significant benefit to our patients."
Advanzeon provides health care services including sleep apnea programs for employers, health and welfare funds, and managed care companies nationwide. All Med, formed in 1998, operates dynamic and integrative diagnostic and treatment centers providing a variety of primary and specialty care services in the greater New York area.
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