Pharmaceutical Business review

AAP Enters Into Agreement With Cardinal Health

American Associated Pharmacies (AAP) has selected Cardinal Health to be the exclusive pharmaceutical distributor for its nearly 2,000 independent pharmacy members, nationwide.

The new, multi-year agreement, effective Jan 1, 2010, solidifies Cardinal Health as the primary pharmaceutical distributor for the combined entity’s nationwide pharmacy members. The contract signifies a long-term partnership between Cardinal Health and AAP and better positions both companies to help independent retail pharmacies improve cost-effectiveness and efficiency.

As part of the agreement, AAP members is expected to have access to an extensive portfolio of branded and generic pharmaceuticals from Cardinal Health. They will also have access to a broad array of Cardinal Health solutions and services designed to help independent pharmacies improve profitability and efficiency.

Additionally, AAP members will also have access to select Cardinal Health services and solutions, including customised reimbursement consulting services, reconciliation services that ensure payors pay reimbursements in full and tools that help retailers market and increase non-prescription sales to drive diversified revenue growth.

Bruce emingson, chief operations officer of AAP, said: “We’re proud of our new, stronger agreement with Cardinal Health because we believe it will deliver independent pharmacies a wide array of services and programs that can help them continue to build profitable, successful businesses.”