SelectQuote’s SelectRx Pharmacy to Open a State-of-the-Art Third Fulfillment Center in Olathe, Kansas, to Support Rapid Growth
September 04 2024 - 7:30AM
Business Wire
SelectQuote, Inc. (NYSE: SLQT) today announced that SelectRx,
the company’s full-service medication management pharmacy that
serves all 50 states, will open a third fulfillment facility in
Olathe, Kansas, to serve its rapidly expanding customer base,
alongside its existing facilities in Monaca, Pennsylvania, and
Indianapolis, Indiana.
SelectQuote launched the SelectRx business in 2021 as part of
its Healthcare Services Division after acquiring two smaller
pharmacy operations. In just over three years, SelectRx has grown
its membership from under 5,000 to over 75,000 members who receive
regular prescription shipments in adherence-friendly packaging. The
new 54,000 square foot state-of-the-art facility at 404 W. Frontier
Lane in Olathe, Kansas, is expected to open during the first half
of calendar 2025 and should significantly expand the pharmacy’s
capacity.
SelectQuote plans to add over 50 new positions at the location
and is seeking experienced pharmacists, pharmacy fulfillment
technicians (to assist in filling, processing, and shipping
prescriptions), and various leadership and support roles such as
shipping and inventory management, facilities management and
information technology.
In 2023, SelectRx was recognized as a Patient-Centered Pharmacy
Home (PCPH) by The Compliance Team. PCPH is based on TCT’s
CMS-recognized Patient-Centered Medical Home program, which puts
special emphasis on health maintenance, preventative screening,
medication management, multi-specialty medical services, patient
experience reporting, and benchmarking for chronically-ill
patients.
SelectQuote CEO Tim Danker commented, “We are thrilled with the
rapid growth of our SelectRx business over the past three years.
With this new facility, we will be able to extend this highly
convenient and adherence-friendly pharmacy solution to many more
Seniors who can benefit from it. We are also thrilled to build out
this beautiful new facility in our home market of Kansas City.”
About SelectQuote:
Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions
that help consumers protect their most valuable assets: their
families, health, and property. The company pioneered the model of
providing unbiased comparisons from multiple, highly-rated
insurance companies allowing consumers to choose the policy and
terms that best meet their unique needs. Two foundational pillars
underpin SelectQuote’s success: a strong force of highly-trained
and skilled agents who provide a consultative needs analysis for
every consumer, and proprietary technology that sources and routes
high-quality leads.
With an ecosystem offering high touchpoints for consumers across
Insurance, Medicare, Pharmacy, and Value-Based Care, the company
now has four core business lines: SelectQuote Senior, SelectQuote
Healthcare Services, SelectQuote Life, and SelectQuote Auto and
Home. SelectQuote Senior serves the needs of a demographic that
sees around 10,000 people turn 65 each day with a range of Medicare
Advantage and Medicare Supplement plans. SelectQuote Healthcare
Services is comprised of the SelectRx Pharmacy, a specialized
medication management pharmacy, and Healthcare Select which
proactively connects its members with best-in-class healthcare
services that fit each member's unique healthcare needs. The
platform improves health outcomes and lowers healthcare costs
through proactive engagement and access to high-value healthcare
solutions.
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version on businesswire.com: https://www.businesswire.com/news/home/20240904033891/en/
Investor Relations: Sloan Bohlen 877-678-4083
investorrelations@selectquote.com
Media: Matt Gunter 913-286-4931
matt.gunter@selectquote.com
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