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Paramount Specialty Pharmacy

Paramount Specialty Pharmacy offers healthcare services, physical comfort, and emotional support to patients.

Paramount Specialty Pharmacy

Paramount Specialty Pharmacy offers healthcare services, physical comfort, and emotional support to patients. The company merged with Avita Pharmacy on March 11th, 2021.

Website
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LinkedIn
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General information

Firm type

null

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Columbia

Corporate office

Columbia, Baton Rouge, Hopkins, Melville, United States

Sector focus

Healthcare Services

Frequently asked questions

Who owns Paramount Specialty Pharmacy?

Ownership details for Paramount Specialty Pharmacy are not publicly disclosed. The firm may be privately held by an individual, family, or investor group, but no named principals or entities have been identified in public records or on its website. Its corporate structure remains opaque.

What services does Paramount Specialty Pharmacy provide?

Paramount Specialty Pharmacy offers specialty pharmacy services including medication dispensing for complex chronic conditions, prior authorization assistance, patient adherence counseling, and coordination of care with prescribers. It focuses on drugs that require special handling, temperature control, or patient monitoring, typical of the specialty pharmacy model.

In which states does Paramount Specialty Pharmacy operate?

Public records and its own locations indicate the pharmacy operates in at least four sites: Columbia (Maryland), Baton Rouge (Louisiana), Hopkins (likely Minnesota), and Melville (New York). This gives it a presence in the Mid-Atlantic, Gulf Coast, Midwest, and Northeast regions of the United States.

Is Paramount Specialty Pharmacy part of a larger pharmacy chain?

No public information suggests Paramount Specialty Pharmacy is owned by a national chain like CVS, Walgreens, or UnitedHealth Group's Optum Rx. Its multiple locations across different states could indicate it is a smaller independent operation or part of a private company, but no parent entity has been identified.

Does Paramount Specialty Pharmacy accept insurance and manage patient out-of-pocket costs?

Specialty pharmacies like Paramount typically work with insurance plans, including Medicare Part D and commercial insurance, to manage prior authorizations and patient cost-sharing. While the firm's specific policies are not detailed in public sources, standard practice includes coordinating with payers to ensure medication access and adherence support.

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