KAINOShealth, Rose Pharmacy ink partnership

Health service provider KAINOShealth Management Inc. has inked a strategic partnership with the second largest drug store chain in the country, Rose Pharmacy, to provide its clientele with special privileges from over 100 Rose Pharmacy outlets across the Philippines.

KMI is a unique managed care company serving the group health, workers' compensation and family program markets. It provides customized, high-quality health benefits administration programs and related outsourcing services to companies in Cebu.

KAINOShealth offers new discounts through its partnership with Rose Pharmacy and Executive Optical, effective April 1, 2006.

Members of KMI may avail of a one percent discount on medicine purchases in any Rose Pharmacy branches nationwide.

Likewise, members may also avail of a free eye examination and get as much as fifty percent on selected eyewear products at Executive Optical in SM Cebu and Ayala Center Cebu.

"The cornerstone of our company is the KAINOShealth Preferred Provider Program. Through our Preferred Provider Program, Kainos emphasizes relationship building with providers, clients, brokers and medical practitioners. Kainos works hard at developing data systems, processing claims, reviewing bills, handling calls, and creating service innovations that achieve results," said Ren Dumaraos - Kainos president and chief executive officer.

The partnership was recently formalized through a memorandum of agreement with Rose Pharmacy and Executive Optical.

The MOA signing held at Shangri-La's Mactan Resort headed by Dumaraos and Dave Tecson, client service manager.

Cebuano-owned Rose Pharmacy is the second largest drug store chain in the country. It now has over 100 branches nationwide. It is expecting to hit its 200 branches in the next five years.

In the recent years, the company has started to diversify its business style, from purely offering pharmaceutical products, to establishing convenience store set-ups to meet the demand of the changing consumer preference.

Now, it ventured into partnership with healthcare providers, like KAINOShealth to expand market patronage.

On the other hand, KAINOShealth has been in the industry for three years, providing managed healthcare services to some of the biggest names in Cebu. Founded in 2001, and incorporated in 2002, KMI is a privately owned company with over 12,000 covered members to date.

The types of organizations that make up its client base include employee health benefit plans, self-insured corporations, workers' unions, small/mid-sized group, and family programs.