PSP Homecare taps into IPAs
By HME News Staff
Updated Fri January 20, 2017
RANCHO CUCAMONGA, Calif. - PSP Homecare has obtained contracts with two Independent Practice Associations to provide products to their insured patients. IPAs are businesses organized and owned by a network of independent physicians for the purpose of reducing overhead and pursuing business ventures such as direct healthcare services contracts with employers. IPAs range in size from small three physician networks to larger organizations with hundreds of physicians. PSP Homecare believes it will obtain more contracts with IPAs as it ramps up its marketing strategy and expands into new regions. “We are only just beginning to realize the growth potential of our unique business model,” said Michelle Rico, CEO of Proto Script Pharmaceutical, which owns PSP Homecare. “With more than 600,000 IPAs and more than 4,000 other private insurers in the United States, the opportunity to expand our business on a national scale is truly enormous.”
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