Nashoba Valley Medical Center Joins Innovative Effort to Solve America’s Drug Shortage Crisis
Nashoba Valley Medical Center Joins Innovative Effort to Solve
America’s Drug Shortage Crisis
Partnership will increase availability of generic medicines for patients in the
Nashoba Valley region and beyond
Ayer, MA – Nashoba Valley Medical Center, a Steward family hospital, will be a part of Civica Rx, a new, innovative effort to ensure essential generic medications are available, affordable and accessible to all
. Civica Rx is a highly-collaborative not-for-profit generic drug company whose mission is to drive down costs and increase supply of life-saving medicines. Nashoba Valley Medical Center’s participation in the initiative is made possible thanks to the hospital being part of Steward Health Care, the largest privately operated health care network in the United States, and a founding member of Civica Rx.
Nashoba Valley Medical Center and Steward Health Care join prominent health systems, including Mayo Clinic and HCA Healthcare, to sign on with Civica. Overall, approximately 800 U.S. hospitals have joined the venture, with many more health systems expressing interest. Through a collaborative approach, the partnership will identify the production needs of in-demand drugs and develop high-quality FDA approved medications at affordable prices, closing gaps in the drug marketplace.
“Nashoba Valley Medical Center and Steward are proud to join Civica because a new, highly-collaborative, approach is needed to solve America’s drug shortage crisis,” said Dr. Joseph Weinstein, Chief Medical Officer of Steward Health Care. “Over the past decade, Steward has created a different kind of health care company, one that prioritizes wellness and unlocks access to high-quality, affordable care – which aligns with the critically important mission of Civica.”
“We are thrilled to welcome these highly-regarded health systems to Civica as founding members,” said Martin VanTrieste, CEO of Civica Rx. “Drug shortages have become a national crisis where patient treatments and surgeries are canceled, delayed or suboptimal. We thank these organizations for joining us to make essential generic medicines accessible and affordable in hospitals across the country.”
Civica Rx expects to bring over 14 hospital-administered generic drugs to hospitals and health care systems in 2019 as the initial focus of the company’s efforts, with many additional medications prioritized by the health care systems as the next phase of focus for the company.
About Nashoba Valley Medical Center
Nashoba Valley Medical Center (NVMC) offers community-based primary care and specialty
services. NVMC was awarded its fourth consecutive A, the highest grade possible, in hospital safety by The Leapfrog Group for the Spring 2018 assessment period. The hospital was a recipient of the Joint Commission Gold Seal of Approval and was named to Leapfrog’s annual list of Top Hospitals in 2014. Areas of clinical strength include emergency medicine, diagnostic imaging, geriatric psychiatry, cardiology, gastroenterology, ophthalmology, oncology, orthopedics, physical therapy and general surgery. NVMC also offers a comprehensive Center for Pain Management, Diabetes and Endocrine Center, Travel Clinic and Occupational Health Services. Additional information is available at www.nashobamed.org.
About Steward Health Care
Steward Health Care is the largest private, for-profit physician-led health care network in the United States. Headquartered in Dallas, Texas, Steward operates 36 hospitals in the United States and the country of Malta that regularly receive top awards for quality and safety. The company employs approximately 40,000 health care professionals. The Steward network includes multiple urgent care centers and skilled nursing facilities, substantial behavioral health services, over 7,900 beds under management, and approximately 2.2 million full risk covered lives through the company's managed care and health insurance services.
The Steward Health Care Network includes five thousand physicians across 800 communities who help to provide more than 12 million patient encounters per year. Steward Medical Group, the company's employed physician group, provides more than six million patient encounters per year. The Steward Hospital Group operates hospitals in Malta and nine states across the U.S., including Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania, Texas, and Utah.
About Civica Rx
Civica Rx was established by philanthropies and leading health systems in the U.S. to ensure essential generic medicines are consistently accessible and affordable within a robust and reliable supply chain. Civica Rx, a not-for-profit, non-stock generic drug manufacturing company, acts in the best interest of patients who are at risk during drug shortages that are created by inconsistent, unpredictable, and often unstable market dynamics. As part of Civica Rx’s business model, health systems and philanthropy partners determine the drugs that Civica Rx manufactures based largely on the most urgent need. The process for drug selection goes through a newly created Civica Rx Drug Selection Advisory Committee, with medications to manufacture ultimately approved by Civica Rx’s governing board.
Civica Rx is collaborating with the American Hospital Association’s (AHA) newly formed AHA Center for Health Innovation to address inquiries about the initiative. Health systems and hospitals may call 800-242-4677 with questions or visit www.civicarx.org for information.