MEDICAL DEVICES
Businesswire | June 02, 2023
IntakeQ and its PracticeQ practice management system, which includes best-in-class customizable intake forms and software for healthcare, today announced the launch of electronic medical prescribing (e-prescribing) within its PracticeQ platform for clinicians in the United States. The new feature is made possible through a direct integration with ScriptSure Cloud ERX (ScriptSure) on the Surescripts platform.
“Integrated solutions like e-prescribing help providers save time by enabling them to remain on a single familiar platform,” said Keith Pirkle, general manager of IntakeQ. “Our primary goal is to create a secure, integrated and affordable platform that any allied health or medical professional can use to help their practice succeed. This collaboration with an esteemed partner like ScriptSure affirms our commitment to elevating the standard of care through technology. Ultimately, alongside the clinicians we serve, we are elated to enable this integrated and enhanced capability that will do what matters most: deliver a seamless patient experience.”
Integrated prescribing provides several benefits including
Improved patient safety with a reduction in prescription errors and checks for medication interactions
Elimination of CMS e-prescribing penalties
Formulary compliance and reduced costs for patients
Single-click access to First Databank (FDB) and Prescriber’s Digital Reference (PDR) drug information
Saved time through direct integration in PracticeQ
Validated and error-free prescriptions, including controlled substances
Pirkle added, “Our customers help drive the direction of IntakeQ and PracticeQ’s continued evolution in relation to technology and partnerships. We never see our software as complete in an ever-changing healthcare landscape. Listening to our customers, advisory board and our employees is our north star and our inspiration for continued development and innovation.”
ScriptSure Cloud ERX is a 10-time winner of the Surescripts network White Coat Award, and most recently, the recipient of the 2022 Surescripts White Coat Award™ for highest accuracy of prescription transactions.
About PracticeTek
PracticeTek is an alliance of innovative software solutions that deliver exceptional patient experiences, attract new patients, and make the business of healthcare easier for clinicians.
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HEALTH TECHNOLOGY, HEALTHCARE ANALYTICS
PRNewswire | May 31, 2023
Marpai, Inc. an artificial intelligence (AI)-powered healthcare payer transforming self-funded employer health plans, is proud to announce the launch of its innovative platform, Marpai Connect.
Marpai Connect, an AI and data-driven matchmaking platform, actively pairs health plan members with an array of value-based providers. Marpai Connect offers self-insured employers a way to reduce risk and cost associated with their healthcare spending. Marpai Connect will be a core part of Marpai's offerings within health plans that it manages for self-insured employers. It includes analytics to measure the impact of the value-based solutions over time versus the current trend.
Marpai also intends to offer Marpai Connect to other healthcare payers starting in Q4 of this year.
"We realized that chronic diseases are currently representing 41% of the cost across our book of business", said Lutz Finger, Marpai's President of Product and Development. To address those costs, Marpai Connect started to partner with the best value-based solutions for chronic conditions. As of June 2023, Marpai Connect will offer more new vendors.
Edmundo Gonzalez, CEO of Marpai, emphasized, "There are amazing, evidence-based solutions that are very specific to a condition, like diabetes, but our clients need a portfolio of solutions covering all the cost drivers of a health plan. That's what Marpai Connect delivers." To monitor the cost drivers, Marpai Connect has created a new AI driven forecasting solution so that Marpai Connect clients can keep track of the reduction of cost.
The cornerstone of Marpai Connect's distinctive approach is its use of advanced deep learning technologies, which enable the proactive identification and outreach of health plan members in need. "Marpai Connect is not just about reporting cost trends, rather we're helping plan members improve their health and this leads to savings for employers," asserted Mr. Gonzalez.
Marpai Connect aims to create more quality life years for its members. "We have ambitious plans", said Mr. Finger. "We aim to grow our value-based-care network to cover more than 15 different disease states."
The launch of Marpai Connect signifies Marpai's dedication to revolutionizing the healthcare industry. By harnessing AI and data, Marpai is transforming the landscape of self-funded health plans, providing a higher quality of care while effectively managing costs.
About Marpai, Inc.
Marpai, Inc. is an AI-powered Third Party Administrator (TPA) delivering health plan administration and services to employers that directly pay for employee health benefits (self-funded employer health plans). As a technology innovator in the $22 billion TPA sector representing over $1 trillion in annual claims, Marpai includes services beyond traditional TPA services that improve health plan value to members, and significantly reduce medical and pharmaceutical costs for members and the plan.
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DIGITAL HEALTHCARE
PRNewswire | June 02, 2023
CarepathRx Health System Solutions, a CarepathRx company and portfolio company of Nautic Partners (Nautic), and Evernorth Health Services, a subsidiary of The Cigna Group announced a new strategic partnership and investment by Evernorth in CHSS. The strategic partnership brings together Evernorth's diverse specialty and care expertise with CHSS' robust pharmacy and infusion management capabilities, technology solutions, and health system relationships to improve, expand, and accelerate pharmacy care delivery for the growing number of patients with chronic and complex care needs.
The CHSS and Evernorth partnership will deliver integrated specialty pharmacy care to CHSS' growing base of 600-plus hospitals, health systems, and physicians – helping diversify the services they offer to best support patients. This includes enhanced coordinated infusion services, virtual care capabilities, value-based care arrangements, and site of care flexibility. Evernorth's expansive suite of services, including Accredo's specialty care and pharmacy expertise and CuraScript SD's specialty medication distribution across 12,000 physicians, is highly complementary to CHSS' capabilities that help health systems expand in-house specialty pharmacies, infusion and polypharmacy services.
"Forging deeper relationships with physicians and other specialty and infusion pharmacies – a critical point of care for people with chronic and complex needs – is a key priority as we work to increase access to care and improve affordability," said Eric Palmer, President and CEO, Evernorth. "Specialty care continues to be a focal point for hospital, health system, and physician partners, and our collaboration with CHSS is an important step in delivering on our commitment to bring them even more patient care services to improve overall outcomes."
Together, over time, CHSS' and Evernorth's expertise will help enable simpler, faster connections to care for patients managing chronic and complex specialty conditions. As many of these patients need specialty or acute drug therapies, the partnership will focus on continuity of care for specialty drugs, management of infusion services across sites of care – from ambulatory to physician office to home settings – and value-based site-of-care strategies. The intent is to drive optimal patient treatment plans and deepen physician engagement, resulting in better patient experiences, more care extensions, and greater affordability.
"At CarepathRx, we believe health systems, hospitals, and physicians play the most important roles in providing the best care to patients with chronic and complex diseases," said John Figueroa, Chairman and CEO, CarepathRx. "Through specialty and infusion pharmacy partnerships, CHSS has created a model for health systems to extend their reach to alternate sites of care and into the home. This partnership with Evernorth is truly unique and will accelerate CHSS' mission by creating payer-physician connections and leveraging Evernorth's specialty and care services."
Centerview Partners acted as lead financial advisor and Cantor Fitzgerald is also acting as financial advisor to CarepathRx and Nautic. Kirkland & Ellis LLP acted as legal advisor to CarepathRx and Nautic.
Greenhill & Co. acted as financial advisor to Evernorth. Wachtell, Lipton, Rosen & Katz and Quarles & Brady LLP acted as legal advisors to Evernorth.
About CarepathRx
CarepathRx is transforming pharmacy care delivery for health systems and hospitals, delivering improved patient outcomes that drive clinical, quality, and financial results. Through the industry's most comprehensive, end-to-end hospital pharmacy care delivery model, CarepathRx is turning hospital pharmacy into an active care management strategy and revenue generator while providing support across the patient's complete healthcare journey. The company takes an enterprise approach, providing a powerful combination of technology, market-leading clinical pharmacy services, and wrap-around services that optimize pharmacy performance across the enterprise for fully integrated pharmacy operations, expanded healthcare services, improved ambulatory access, minimized clinical variation, and new health system revenue streams. Today, CarepathRx serves more than 25 health systems and 600 hospitals, with more than 1,500 employees nationwide.
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