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Allscripts Partners With CoverMyMeds to Help Patients Fill Prescriptions Faster
Electronic prior authorization (ePA) reduces the cost of authorizing medications prior to dispensation, a significant impact to the U.S. healthcare system. It also improves quality of care by allowing patients to obtain medications faster and reducing the risk that patients don't receive their prescriptions. With an estimated 150 million prior authorizations completed in the U.S. annually, an electronic solution results in tremendous savings to providers, payers/pharmacy benefit managers and other healthcare stakeholders. The partnership enables multi-payer connectivity and support for the pharmacy-initiated retrospective process.
CoverMyMeds is the largest ePA platform in the country, providing connectivity that impacts as much as 72% of prescriptions in the U.S. today. It helps physicians, pharmacists and staff complete pre-authorization requests for any drug and all health insurance plans. With more than one million pre-authorization requests submitted each month, CoverMyMeds is the only vendor using the NCPDP ePA standard at scale.
"We're honored that Allscripts chose CoverMyMeds to support its vision of a comprehensive ePA product," said
"The more payers, pharmacy benefit managers and health plans we can connect our provider clients to, the more we can help them reduce the cost associated with prior authorizations -- improving patient satisfaction and outcomes," said Allscripts President, Payer & Life Sciences Business,
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CoverMyMeds is the leader in PA management and one of the fastest growing healthcare technology companies in the US. We help physicians, pharmacists, and their staff complete PA requests for any drug and all health insurance plans. Our technology integrates with pharmacy systems, EHRs, and PBMs to create the most efficient ePA strategy for all participants. With a million PAs submitted each month, CoverMyMeds is the only vendor using the NCPDP ePA standard at scale. For more information, visit www.covermymeds.com.
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