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Healthcare Watch: Arcadia Inks Deal With Touchstone

October 20, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Arcadia Resources, Inc. (AMEX: KAD) said it is joining with Touchstone Health to offer Touchstone’s Medicare Advantage members the opportunity to enroll in Arcadia's DailyMed pharmacy program beginning January 1, 2011.

The DailyMed Program will provide eligible Touchstone Health members with a monthly supply of medications delivered to their home in pre-sorted packets marked with the date and time they should be taken.

Touchstone Health and DailyMed said they will launch a collaborative outreach to Medicare Advantage members who are eligible for the program.

Indiana-based Arcadia is a provider of home care, medical staffing and pharmacy services under its proprietary DailyMed program.  The company has 65 locations in 18 states.

Touchstone Health HMO, Inc. is a Medicare-approved Health Maintenance Organization with a Medicare Advantage Prescription Drug contract with the federal government and currently has more than 17,100 Medicare beneficiaries in New York City and in Westchester, Orange, Broome, Chenango, Delaware and Onondaga counties.  The Company was founded in 1998 by a group of neighborhood physicians to bring personalized health care to New York.

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