June 18, 2013 – Therapeutic Research Center (TRC), a leading provider of drug information, pharmaceutical research, news, and continuing medical education services has announced that it has acquired Natural Standard, the authority on evidence-based, peer-reviewed information about dietary supplements, complementary and alternative medicine (CAM) practices including modalities, special diets, and exercises.
37 percent of American hospitals offer integrative medicine services. More than 40 percent of consumers are taking dietary supplements. The FDA estimates that more than 50,000 adverse events occur annually from patient use of dietary supplements, many of which go unreported. Integrating education on safety and effectiveness of these therapies into workflow is required for optimal healthcare. Point-of-care decision support tools in this area help save clinician time while increasing patient satisfaction.
TRC and Natural Standard will combine efforts to help healthcare providers communicate with patients about the use of natural therapies, special diets and exercises to improve overall health outcomes. Together the organizations will give healthcare professionals who focus on medication therapy management (MTM) the best web and mobile resources to confidently counsel patients on both prescription and integrative therapies to maintain health and wellness.
“Everyone benefits from this collaboration. Hospitals and clinics will have a single comprehensive resource to aid in reconciling complete patient medication history profiles including drugs, supplements and special diets. Retailers can educate category buyers and pharmacy staff on the natural products that they sell. HMOs can reduce overall healthcare costs. Manufacturers gain access to reliable ingredient monographs that can be used for claim substantiation and new product development. By combining our natural medicines information and TRC’s drug therapy solutions, we can help healthcare institutions meet 2013 Joint Commission requirements in this area, reduce provider liability, and make a big difference in patients' lives,” said Dr. Catherine Ulbricht, Founder of Natural Standard.
“TRC, through its Pharmacist’s Letter and Prescriber’s Letter, is the leading provider of practical, objective and evidence-based recommendations that more than a quarter million pharmacists, physicians, nurse practitioners, and physician assistants trust to help them provide informed, prescription drug advice to their patients. The use and interest in natural therapies is growing significantly, and it is essential that healthcare providers have a trusted resource to stay informed regarding developments, interactions, depletions and effectiveness," said Wes Crews, TRC CEO. “Natural Standard has created an exceptional content asset and combining with TRC’s web and mobile solutions will extend our therapeutic guidance in this important health category.”
Therapeutic Research Center is a completely independent research, analytic, and publishing organization that provides evidence-based guidance for physicians, pharmacists, pharmacy technicians, nurse practitioners, physician assistants, dietitians, and other medical professionals. Some services are also provided for consumers. Some of Therapeutic Research Center's leading services include Pharmacist's Letter, Pharmacy Technician's Letter, Prescriber's Letter, Natural Medicines Comprehensive Database and a variety of continuing medical education courses including live courses, such as PL VOICES - Clinical Recommendations CME and PL Prescribing Insights Roundtable, and PL CE LIVE. The organization also operates the national Pharmacy Technicians University to educate individuals to meet requirements for being competent or certified as pharmacy technicians. The organization is fully accredited by every major continuing education accrediting agency for physicians, pharmacists, NPs, and PAs. Therapeutic Research was founded in 1985.
Natural Standard was founded by clinicians and researchers to provide high-quality, evidence-based information on CAM practices plus integrative health and wellness educational materials to healthcare facilities and academic centers. Prestigious contributors from hundreds of eminent international institutions employ the most up-to-date, comprehensive, systematic review methodology available to develop Natural Standard decision-support tools. Rigorous fact-checking and multiple rounds of multidisciplinary peer review are employed to assure an unbiased accurate resource. Natural Standard is a trusted impartial information provider to thousands of hospitals, universities, government agencies and research organizations worldwide. Natural Standard was founded in 2000.
For more information, visit: http://info.therapeuticresearch.com/mergerfaq.