American Associated Pharmacies and H. D. Smith combined respective pharmacy services administrative organizations (PSAO) into a stand-alone PSAO entity—Arete Pharmacy Network—serving more than 2,500 independent retail pharmacies across the United States. Arete Pharmacy Network succeeds H. D. Smith’s Third Party Network and AAP’s United Drugs.
Following the sale of H. D. Smith's wholesale operations to AmerisourceBergen, AAP is now sole owner of Arete Pharmacy Network, effective September 12, 2018. Arete Pharmacy Network remains a wholesaler-neutral PSAO.
Arete Pharmacy Network is an independent PSAO, focused on the success and profitability of independent and community pharmacies.
Our philosophy is that one size does not fit all. Our versatile solutions can be adapted to each pharmacy’s unique needs. Both our team and portfolio of solutions are dedicated to the delivery of time-saving resources—enabling you to focus on quality patient care. This combination of offerings, focused on managed care contracting and expanded tools and services, allows pharmacies to deliver quality care as a differentiator in their communities. Arete Pharmacy Network supports the effective management of the financial, quality, and operational aspects of pharmacy business.
Arete Pharmacy Network serves as an important voice and ally to member pharmacies. Our enhanced capabilities promote Star Ratings; educate and reinforce compliance; address underpaid claim reimbursements; provide audit protection; and ensure that all payments are processed to pharmacies as quickly as possible.
Arete is a Greek word which stands for virtue, excellence, and that which is good.
Quality is critical to long-term success in the healthcare market. Our purpose is to provide necessary tools and resources that help pharmacies achieve superior quality rankings in the eyes of payers and customers.
We are committed to the success and profitability of the independent pharmacy.