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December 20, 2004
Healthvision Receives Prestigious Medco Certification
Healthvision Receives Prestigious Medco Certification
Healthvision Receives Prestigious Medco Certification
Friday December 17, 2:48 pm ET
e-Prescribing Solution Added to Medco's Suite of Services
IRVING, Texas--(BUSINESS WIRE)--Dec. 17, 2004--Healthvision, a leading healthcare Internet company, today announced they have completed the certification protocol with Medco to connect pharmacy benefit managers (PBMs) to Healthvision's e-Prescribing solution, according to Mike Lipari, senior vice president, product strategy for Healthvision.
"Medco is a leading pharmacy benefit manager and has the nation's largest mail order pharmacy operation. We are honored to have passed their rigorous certification process to permit our e-Prescribing solution to be added to their suite of services," Lipari said.
Medco has certified Healthvision's implementation of Eligibility and Formulary in the current e-Prescribing solution product release. During the certification process, Medco reviewed Healthvision's e-Prescribing functionality to ensure that the company properly collects patient eligibility data and utilizes it to generate appropriate formulary alerts when a medication is prescribed. Alerting is intended to ensure that the most cost-effective medications -- brand name or generic -- are prescribed for the patient.
Healthvision's e-Prescribing solution acts as a real-time safety net with its automated formulary verification and real-time drug interaction checking that saves time and more importantly, lessens potential danger to patients' health. The solution utilizes the RxHub data interchange to connect to pharmacy benefit managers (PBMs) to check eligibility and provide real-time formulary updates. RxHub connects the industry to electronically route up-to-date patient medication history and pharmacy benefit information to physicians in their offices and at hospitals. RxHub is a nationwide information exchange connecting physicians, patients, pharmacies and pharmacy benefit managers/payers for the conveyance of critical information at every point of care.
Physicians can use Healthvision's e-Prescribing application to write electronic prescriptions on their traditional desktop PC or Pocket PC handheld device. The system automatically checks and alerts for formulary issues, drug allergies, drug interactions and more. Advanced functions allow physicians to develop a list of frequently used medications, search the pharmaceutical database, execute rapid medication renewals, provide patient handouts, and look up critical reference information while prescribing. E-prescriptions are automatically printed or relayed by fax or EDI to brick-and-mortar and mail order pharmacies, thereby reducing processing time and errors.
"With Healthvision, our physicians are able to increase the speed by which patients get their medications, improve care and increase patient satisfaction by eliminating the frustration and hassle factor traditionally involved. The Healthvision system will help our physicians provide better care to their patients," stated William Stimmler, MD, chairman of the board and family practitioner, Bright Medical Associates.
Medco is a leading pharmacy benefit manager (PBM) with the nation's largest mail order pharmacy operations. Medco assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide.
About Healthvision
Healthvision is a leading healthcare Internet company, focused on creating a Connected Healthcare Community (CHC) for hospitals, physicians, patients and consumers. Healthvision works with organizations to ensure a successful and streamlined implementation of a CHC. The Healthvision e-Health Interoperability Platform and applications improve access to clinical information and enhance coordination and collaboration of care.
The company's Web-based infrastructure, e-healthSOURCE, is the most widely used in the industry, hosting more than 7.5 million unique patient records. Additionally, more than 350 healthcare organizations use the company's solutions to make health care easier for their key audiences - a number that represents more than 23,000 clinicians (including 11,000 physicians), thousands of patients and millions of consumers. A privately held company, based in Irving, Texas, Healthvision was formed in July 1999. For more information, visit www.healthvision.com.
Contact:
Healthvision, Irving
Bevey Miner, 972-819-4207
bminer@Healthvision.com
Source: Healthvision
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