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November 07, 2005
RxHub Is Developing a New Communication Framework That Will Enable Prescriptions to Be Exchanged Electronically: Financial News - Yahoo! Finance
RxHub Is Developing a New Communication Framework That Will Enable Prescriptions to Be Exchanged Electronically
Monday November 7, 1:15 pm ET
RxHub is creating a universal, standardized communication framework that links prescribers, pharmacies, PBMs and benefits plans for the purpose of sharing prescription benefit information and exchanging prescriptions electronically - resulting in new efficiencies that keep health care safe and affordable. The three leading pharmacy benefit managers (PBMs) each independently recognized the value of electronic prescribing and it's most critical barrier - the lack of a common foundation. AdvancePCS, Express Scripts, and Medco Health Solutions were each pursuing electronic prescribing initiatives, but determined that a joint venture would be the optimal and most efficient way to accelerate the development of an industry-wide solution. In response to this challenge, RxHub was founded in 2001. By developing an open, health information exchange among all the parties in the prescribing industry, RxHub continues to demonstrate its ability to provide the interoperability needed to transform health care delivery through information technology.
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1.0 Industry Overview/Trends
2.0 Company Overview
3.0 Lines of Business
4.0 Sources
For more information visit http://www.researchandmarkets.com/reports/c27179
Contact:
Research and Markets Laura Wood press@researchandmarkets.com Fax: +353 1 4100 980
Source: Research and Markets
Posted by cmayaud at 04:04 PM | Permalink| Comments (0)
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| Posted to Caremark | iScribe | AdvancePCS | Express Scripts | Medco Health | RxHub
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