CohnReznick, an accounting, tax, and advisory firm, has created a collaborative market solution with healthcare law firm Frier & Levitt and specialty pharmacy consulting firm CSI Specialty Group. The alliance will provide a comprehensive array of services tailored to the specialty pharmacy industry.
With the rapid growth in the industry, specialty pharmacies and manufacturers of specialty pharmaceuticals face significant challenges in acquiring growth capital and developing and managing their talent pool, while simultaneously maintaining regulatory compliance. This environment necessitates increased collaboration between service providers.
Recognizing the industry need and the depth of pharmacy expertise within each firm, CohnReznick, Frier & Levitt, and CSI Specialty Group have aligned to bring joint services, educational programs, and guidance to the specialty pharmacy industry, as well as co-market services to their respective client bases.
“Specialty pharmacies are among the most regulated entities in the country and with all [pharmacy benefit managers] owning their own specialty pharmacies, network exclusions are on the rise,” said Jonathan Levitt, co-founding partner of Frier & Levitt. “Aligning with other professionals committed to the specialty pharmacy industry creates a strong value proposition to help the industry balance regulatory compliance, with payor requirements and business growth goals.”