|[August 28, 2014]
Excelera® Specialty Pharmacy Network Names James M. Fox President and Chief Executive Officer
MINNEAPOLIS, Minn. --(Business Wire)--
ExceleraRx Corp., a national specialty pharmacy network, has named James
M. Fox as its Chief Executive Officer. Fox will join Excelera on Sept.
"Jim Fox is absolutely the right choice to serve as President and CEO of
this innovative organization that's leading the way in specialty
pharmacy services," said Nick Barto, Senior Vice President of Catholic
Health Initiatives based in Englewood, Colo., who led the ExceleraRx
Board search committee. "Under Jim's leadership, Excelera will
effectively support its members in developing and operating specialty
pharmacies that improve patient care and reduce the total cost of care."
Fox is a proven leader with more than 35 years of executive leadership
experience in health care. He served as Chief Financial Officer for
Fairview Health Services in Minneapolis, where he was instrumental in
the start up and operations of Fairview Pharmacy Services. Most
recently, he has been partnered with national organizations, including
Excelera, to develop innovative, high-value health care services.
"I have had the privilege of working with Jim for many years and the
opportunity to see his leadership in action," said Albert (Bert)
Zimmerli, the Board Chair of ExceleraRx and Executive Vice President and
Chief Financial Officer, Intermountain Healthcare. "His comprehensive
knowledge of health care, relentless focus on results, and high
integrity make him the ideal leader for the Excelera organzation at
The Excelera network creates national-scale efficiency and new levels of
quality standards; it also negotiates on behalf of its member
organizations to remove barriers to specialty drug access and
monitoring. Patients and providers of Excelera network members benefit
from a member-owned specialty pharmacy integrated into their care team
that can easily access specialty pharmaceuticals and that knows the
patient's care plan.
"I am passionate about fostering collaborations that serve health care
organizations and their patients well in today's evolving health care
marketplace," said Fox. "I look forward to continuing to build momentum
and capabilities within the Excelera network to achieve those goals."
The Excelera network provides its member organizations with:
Support in obtaining payer contracts for reimbursement of specialty
pharmaceuticals in an outpatient setting.
Sophisticated data management infrastructure required for drug
manufacturer and payer access agreements, including data informatics,
analytics, timeliness, accuracy, format and national scale.
Contract management related to data and compliance with manufacturer
Excelera, based in Minneapolis, was formed in 2012 to enable member
organizations to gain access to limited-distribution drugs and provide
continuity of care for patients with complex conditions who require
specialty drugs. Today, the Excelera organization includes Banner
Health, Henry Ford Health System, Marshfield Clinic, Catholic Health
Initiatives, Fairview Health Services (which includes the University of
Minnesota Medical Center), Intermountain Healthcare, Avera Health, and
ExceleraRx Corp., a national network of specialty pharmacies that are
health system and academic medical center based, was formed to enable
member organizations to gain access to limited distribution drugs and
restricted payer agreements. The Excelera network provides
national-scale efficiency and collaboration to improve quality and value
of outpatient specialty drug therapy for population health outcomes.
Excelera's mission is to provide tools, technology and best practices
around high-performing specialty pharmacy capabilities to network
members so that they can provide integrated, coordinated care to complex
patients at the point of care, leading to improved health outcomes and
decreased health care costs. For more information about Excelera, visit www.excelerarx.com.
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