Parata Systems launches relief fund for pharmacy employees impacted by COVID-19
Parata Systems and Comprehensive Pharmacy Services are reaching out to help pharmacy employees facing financial hardship due to COVID-19.
Parata Systems has launched the Pharmacy Employee Relief Fund with an initial commitment of $100,000. The fund will support employees of retail, long-term care, hospital and direct-to-home pharmacies across the United States impacted by COVID-19. The purpose of the fund is to provide assistance to pharmacists, pharmacy technicians and pharmacy employees who are facing a financial hardship due to illness, quarantine, business closure or school closure as a result of COVID-19.
“Our automation technology is installed in thousands of pharmacies across the country. During this global crisis, when pharmacy services are so critical, we felt it was important to support our pharmacy customers who are providing care on the front lines for patients across the United States, including our families and friends, Parata Systems CEO Rob Kill said. "We believe a COVID-19 relief fund that is solely dedicated to helping pharmacy employees is essential. With this, we are inviting our industry partners who provide technology, pharmaceuticals, supplies and services to retail, long-term, hospital and direct-to-home pharmacies to join us by making contributions to the fund.”
Parata also announced that Comprehensive Pharmacy Services will make a $100,000 donation to the fund. “With a team of over 2,500 pharmacy experts serving over 800 U.S. hospitals today, many of whom are working directly alongside our clients on the front lines of this pandemic, CPS is proud to support pharmacy employees across the United States during this time,” said CPS CEO Frank Segrave. Additionally, members of the Parata board of directors, including those from lead investor Frazier Healthcare Partners and the Parata executive team, have made personal contributions totaling an additional $25,000 to the fund.
Parata and CPS have committed to match their initial $100,000 donation once the fund exceeds $10 million in donations. Contributions to the fund can be made here by clicking on the “Be a Donor” button.
Applications for hardship relief also can be accessed here by clicking on the “Get Assistance” button. Grants will be awarded as soon as possible to those individuals who meet the eligibility criteria. Subject to the availability of funds, a one-time grant of $500 will be disbursed directly to the applicant with a limit of one grant per person.
The fund will be fully operational on or before April 24, 2020 and will be managed by the Emergency Assistance Foundation. Applicant eligibility will be reviewed and verified by EAF. Questions about the Pharmacy Employee Relief Fund can be directed to [email protected].