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Clover Health Launches New Jersey Community Pharmacy Program in Partnership with IPC’s iCare+ Network

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Clover Health (Nasdaq: CLOV) has announced a strategic partnership with IPC Digital Health to launch a new community pharmacy pilot program across New Jersey. The initiative leverages IPC's iCare+ Independent Pharmacy Network to help Medicare Advantage members better manage their medications and improve health outcomes.

The program integrates real-time monitoring tools powered by Clover Assistant data and AI models to track prescription fills, identify adherence gaps, and facilitate collaboration between local pharmacists, doctors, and Clover's care teams. This community-based approach aims to enhance medication management while keeping healthcare services local and personalized for seniors.

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Positive

  • Partnership with IPC's iCare+ network expands access to thousands of local pharmacies
  • Implementation of AI-powered tools for real-time medication monitoring and adherence tracking
  • Enhanced coordination between pharmacists, doctors, and care teams
  • Potential reduction in unnecessary hospital visits through better medication management

Negative

  • Limited to New Jersey region as a pilot program
  • Success depends on pharmacy participation and adoption rates

News Market Reaction 1 Alert

+3.93% News Effect

On the day this news was published, CLOV gained 3.93%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WILMINGTON, Del., July 09, 2025 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (Nasdaq: CLOV) (“Clover Health”), a leading Medicare Advantage company committed to affordable, high-quality care, today announced the launch of a new community-based pharmacy pilot program across New Jersey. Built in partnership with IPC Digital Health™, a division of Independent Pharmacy Cooperative (IPC), this initiative is designed to help seniors better manage their medications and stay healthier at home, supported by the local pharmacies they know and trust.

The program will be anchored by IPC’s iCare+™ Independent Pharmacy Network, which includes thousands of community-rooted pharmacies nationwide and many in New Jersey. These local pharmacies will deploy innovative care tools and virtual services that help Clover members with chronic conditions stay on track with their medications and avoid unnecessary hospital visits.

“This is more than a new program—it’s a new model for how we support our New Jersey members,” said Jamie Reynoso, CEO of Medicare Advantage at Clover Health. “By working with the pharmacists who are already embedded in our communities, we can deliver better care, deliver amazing customer experiences and support the independent businesses that keep New Jersey strong.”

Participating iCare+ pharmacies will use real-time tools, powered by Clover Assistant data and AI models, to monitor prescription fills, identify adherence gaps, and collaborate with local doctors and Clover’s care teams. The goal: make it easier for seniors to get the right medications at the right time, while keeping their care close to home.

“Clover Health understands that innovation doesn’t always mean centralization,” said Ashton Maaraba, President of IPC Digital Health. “This partnership helps New Jersey’s independent pharmacies lead the way in delivering smarter, more connected care.”

This new program is part of Clover’s broader commitment to investing in New Jersey communities, by combining modern technology, local relationships, and a belief that healthcare should feel personal again.

About Clover Health:

Clover Health (Nasdaq: CLOV) is a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare. This includes a focus on seniors who have historically lacked access to affordable, high-quality healthcare. Our strategy is powered by our software platform, Clover Assistant, which is designed to aggregate patient data from across the healthcare ecosystem to support clinical decision-making and improve health outcomes through the early identification and management of chronic disease. For our members, we provide PPO and HMO Medicare Advantage plans in several states, with a differentiated focus on our flagship wide-network, high-choice PPO plans. For healthcare providers outside Clover Health's Medicare Advantage plan, we extend the benefits of our data-driven technology platform to a wider audience via our subsidiary, Counterpart Health, and aim to enable enhanced patient outcomes and reduced healthcare costs on a nationwide scale. Clover Health has published data demonstrating the technology’s impact on Medication Adherence and Congestive Heart Failure, as well as the earlier identification and management of Diabetes and Chronic Kidney Disease.

Visit: www.cloverhealth.com

Investor Relations:

Ryan Schmidt

investors@cloverhealth.com

Press Inquiries:

press@cloverhealth.com

About IPC Digital Health™
IPC Digital Health™ is the innovation arm of the Independent Pharmacy Cooperative, the country’s largest GPO owned by independent pharmacies. Through its iCare+™ platform, IPC delivers digital health solutions that strengthen the clinical and financial future of community pharmacies. Learn more at www.myicareplus.com


FAQ

What is Clover Health's new pharmacy program partnership with IPC in New Jersey?

Clover Health has partnered with IPC Digital Health to launch a community pharmacy program that helps Medicare Advantage members manage medications through local pharmacies using AI-powered tools and real-time monitoring.

How will CLOV's partnership with IPC benefit Medicare Advantage members?

The partnership will help seniors better manage medications, reduce hospital visits, and receive personalized care through local pharmacies using Clover Assistant data and AI models for monitoring prescriptions.

What technology is Clover Health (CLOV) using in its new pharmacy program?

Clover Health is utilizing real-time monitoring tools powered by Clover Assistant data and AI models to track prescription fills and identify adherence gaps.

Which pharmacies are participating in Clover Health's New Jersey program?

The program includes pharmacies that are part of IPC's iCare+ Independent Pharmacy Network, which comprises thousands of community-rooted pharmacies across the nation, including many in New Jersey.

How does Clover Health's pharmacy program improve patient care?

The program improves care by enabling local pharmacists to monitor prescriptions in real-time, identify medication adherence issues, and collaborate with doctors and care teams to ensure proper medication management.
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