Birmingham’s ProxsysRx has agreed to a strategic combination with Maxor National Pharmacy Services (“Maxor”), positioning the combined entity as the largest independent provider of pharmacy management services to health systems, hospitals, clinics, and other provider organizations.
“I’m incredibly excited about this new chapter with Maxor,” said George Salem, CEO of ProxsysRx. “Our organizations have a shared commitment to delivering exceptional, innovative client service and patient care. In joining forces with Maxor, we can bring new capabilities and resources to serve our clients in expanded ways.”
Mr. Salem will transition to a Board Advisor role, while working closely with Maxor CEO Kim Tzoumakas and the entire Maxor leadership team on maintaining the ProxsysRx commitment to its health care clients. Moreover, says Salem, ProxsysRx anticipates increasing its number of employees in Birmingham in the near future.
“ProxsysRx combining with Maxor marks an exciting step forward in our focus on delivering comprehensive and integrated pharmacy care solutions to our health system and provider clients,” said Ms. Tzoumakas. “As health systems continue to experience a challenging and dynamic operating environment, our clients are looking for ways to maximize the value generated from their pharmacy service lines. In growing our Pharmacy Services business with the addition of ProxsysRx, we are bringing new and expanded solutions to our partners that deliver both clinical and financial value.”
Hospital and health system clients of both Maxor and ProxsysRx will now have a full spectrum of pharmacy management solutions in one Pharmacy Services organization with end-to-end capabilities across specialty and retail pharmacy management, 340B optimization, and manufacturer and payer support services. Together with PBM solutions delivered through MaxorPlus, these clients are now able to fully integrate their pharmacy service lines with their pharmacy benefit strategies to improve patient access, affordability and outcomes while mitigating annual benefit cost increases.
