Canada Markets close in 6 hrs 17 mins

AscellaHealth Earns Merit-Based Philadelphia100 Award as Seventh Among the Fastest Growing, Privately Held Companies in the Greater Philadelphia Region

·2 min read

AscellaHealth, a national specialty pharmacy benefit manager (SPBMTM) serving commercial, Medicare and Medicaid segments, announces today that it has won the prestigious Philadelphia100 award as 7th among 100 of the fastest growing privately held entrepreneurial companies in the Greater Philadelphia Region. Run by the Entrepreneurs’ Forum of Greater Philadelphia, the ranking was announced at the LIVE Virtual Awards Event, Oct. 21, 2020, and a printed list will be published in the Philadelphia Inquirer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201026005642/en/

(Photo: Business Wire)

"The integrity of the selection process makes the Philadelphia100 a coveted award among businesses, and we are thrilled to be included this year," says Dea Belazi, president and CEO, AscellaHealth. "We owe our growth to the value our high‐touch service model and competitive pricing we bring to our commercial, Medicare and Medicaid clients, improving access to limited distribution drugs, clinical programs for complex conditions and patient assistance programs."

Started in 1988 by The Entrepreneurs’ Forum of Greater Philadelphia and the Wharton Small Business Development Center, the Philadelphia100 has recognized some of the region’s finest companies when they were just beginning to emerge: Mothers’ Work, Fiberlink, Urban Outfitters, Forman Mills, Kremer Laser Eye Center and Primavera Systems—to name a few.

"We look forward to the ranking event and celebrating our achievements with fellow entrepreneurs," Belazi adds, "We hope this honor will bring greater attention to specialty pharmaceuticals – the fastest rising segment of the pharmaceutical industry. A growing number of payers, providers and consumers are seeking effective treatment options to address the complex health challenges associated with chronic or rare diseases."

About AscellaHealth

AscellaHealth, a national specialty pharmacy benefit manager (SPBMTM), serving commercial, Medicare and Medicaid segments, offers high quality prescription drug benefit management services. Complemented by other customizable services, such as carved-out specialty pharmacy services and cost-savings programs, AscellaHealth provides a unique, proprietary service portfolio. Visit www.ascellahealth.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201026005642/en/

Contacts

Nicole Dufour
CPR Communications
ndufour@cpronline.com
201.641.1911 x 54