Shields Health Solutions

Shields Health Solutions

Provides integrated specialty pharmacy services

About Shields Health Solutions

Simplify's Rating
Why Shields Health Solutions is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$970M

Headquarters

Quincy, Massachusetts

Founded

2012

Overview

Shields Health Solutions provides integrated specialty pharmacy services that focus on improving patient outcomes and supporting health systems. The company collaborates with 75 health systems, including both academic medical centers and community hospitals, to assist patients with chronic and complex diseases. Their services include comprehensive therapy management and care coordination, which help make complex care more accessible and affordable. Revenue is generated through specialty pharmacy services that encompass medication management and patient support programs, as well as partnerships with healthcare providers to enhance clinical outcomes. Shields Health Solutions stands out from competitors due to its strong emphasis on collaboration and its commitment to enhancing patient care.

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Simplify's Take

What believers are saying

  • Shields' partnership with Sharp HealthCare enhances specialty pharmacy services for chronic conditions.
  • The company earned Great Place to Work certification for four consecutive years.
  • Shields' collaboration with UMass Memorial showed $1,200 lower medical expenses for patients.

What critics are saying

  • Increased competition from CVS Specialty and OptumRx may impact market share.
  • Integration challenges with Walgreens could disrupt operations and affect service delivery.
  • Healthcare industry consolidation may limit Shields' ability to form new partnerships.

What makes Shields Health Solutions unique

  • Shields Health Solutions partners with 75 health systems across 47 states.
  • The company focuses on specialty and rare disease states for comprehensive therapy management.
  • Shields Health Solutions is recognized for its innovative culture and patient care commitment.

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Funding

Total Funding

$970M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Annual Performance Bonus

Company News

Shields Health Solutions
Jul 30th, 2024
Shields Health Solutions and UnityPoint at Home Extend Collaboration, Providing Patients and Families Enhanced Specialty Pharmacy Services

(July 30, 2024)- Shields Health Solutions (Shields), the premier specialty pharmacy accelerator in the country and a Walgreens-owned company, announced today its expanded partnership with UnityPoint at Home, a subsidiary of Iowa-based UnityPoint Health.

Managed Healthcare Executive
May 2nd, 2024
Specialty Pharmacies Drive Cost Savings in Value-Based Care | Asembia 2024

McElnea cited a study Shields Health collaborated on with UMass Memorial where patients using their specialty pharmacy had $1,200 lower medical expenses than those elsewhere.

Business Wire
Mar 28th, 2024
Shields Health Solutions Earns Great Place To Workℱ Certification For The Fourth Consecutive Year

STOUGHTON, Mass.--(BUSINESS WIRE)--Shields Health Solutions (Shields), the premier specialty pharmacy accelerator in the country, announced today that it is Great Place to Work-Certifiedℱ for the fourth consecutive year. The recognition comes at a time of continued expansion in both employee count and Shields’ growing number of health system partners across the country. “We are delighted to receive this recognition for our organization and culture,” said Annie Maloney, Chief People Officer at Shields Health Solutions. “Earning the Great Place to Work further validates our belief in our ‘Culture of Kindness,’ which is a guiding principle in everything we do – from how we collaborate as a company to delivering the highest quality of care to the patients we serve. We are particularly proud to receive this award amidst our continued growth – since our first certification in 2020, our team has grown significantly to include almost 2,200 employees nationwide.”. Certification is a noteworthy accomplishment as the company expands its footprint across the United States to more than 80 partners while maintaining a net promoter (NPS) score of 83

Business Wire
Jan 30th, 2024
Shields Health Solutions And Sharp Healthcare Partner To Enhance Specialty Pharmacy Services

STOUGHTON, Mass. SAN DIEGO--(BUSINESS WIRE)--Shields Health Solutions (Shields), the premier specialty pharmacy accelerator in the country, announced today that it has partnered with Sharp HealthCare (Sharp), a not-for-profit regional healthcare group in San Diego, to collaborate on an expansion of a specialty pharmacy program that provides patients with complex, chronic conditions access to specialized pharmacy services designed to lower costs, expand treatment options, enhance medication management, and improve overall health. The partnership between Sharp and Shields will offer support services for the unique needs of patients with an initial focus on four key disease states: hematology, oncology, rheumatology, and cardiology. Patients filling their prescriptions at Sharp Specialty Pharmacy Services will receive personalized, patient-centered care complete with side effects management, increased adherence, regular follow-ups, access to financial assistance, and medication delivery at no charge. “Our new partnership with Sharp HealthCare reaffirms the health system’s unwavering commitment to providing superior patient care,” said Stephen West, Chief Executive Officer. “As a Shields partner, Sharp will improve its therapy management and care coordination by securing access to 90 percent of the limited distribution drugs that complex patients need

Access Market Intelligence
Jan 30th, 2024
Specialty Pharmacy News Roundup: January 2024

Shields Health Solutions (Shields), the premier specialty pharmacy accelerator in the country, partnered with Sharp HealthCare (Sharp), a not-for-profit regional healthcare group in San Diego, to collaborate on an expansion of a specialty pharmacy program that provides patients with complex, chronic conditions access to specialized pharmacy services designed to lower costs, expand treatment options, enhance medication management, and improve overall health.

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