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Pulse8 joins the Health Plan Alliance Group Purchasing Organization with its ground-breaking Formul8™ solution for managing Pharmacy Costs

NASHVILLE, March 19, 2019 (GLOBE NEWSWIRE) -- Pulse8, part of Veradigm™, an Allscripts (NASDAQ: MDRX) business unit, the first – and ONLY one with a patent pending – healthcare analytics and technology company delivering complete visibility into the efficacy of Risk Adjustment, Quality Management, and Pharmacy Benefit Management programs, is excited to become the latest collaborating partner within the Health Plan Alliance Group Purchasing Organization (GPO). Pulse8 will be offering its Formul8 product, along with unique and valuable analytic insight, to members of the Alliance.

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“We believe Health Plan Alliance members will benefit greatly from our Formul8 product.  Pulse8 has considerable investments in benchmark and reference data, analytic tools and technology, and pharmacy management talent to provide the marketplace with a premiere analytic platform for managing its pharmacy spend,” said Scott Fries, MBA, CPA, Executive Vice President at Pulse8 and leader of the Formul8 team.  “A solution like this is cost-prohibitive for smaller or regional health plans to build and maintain; however, it is an absolute necessity for them to compete.  Formul8 provides the reporting, benchmarking, and analytics that are needed to lower unit costs, optimize utilization, and evolve their relationship with their pharmacy benefit manager.”

“Pulse8 has been an active Preferred Business Sponsor of the Alliance for the past three years, lending subject matter experts to our educational curriculum and serving a critical mass of our members with its leading-edge analytic solutions for risk adjustment and quality,” said Jaime González, DrPH, MSSW, MSHA, Chief Business Development Officer of the Health Plan Alliance.  “We are excited to expand our partnership with Pulse8 and offer this valued pharmacy program to our members.”

To schedule a meeting with Pulse8 subject matter experts and leaders from the Formul8 team or to see a demo, please contact Scott Filiault, Pulse8 Chief Revenue Officer, at (732) 570-9095 or Scott.Filiault@Pulse8.com.

About Pulse8
Pulse8 is a Healthcare Analytics and Technology Company delivering complete visibility into the efficacy of your Risk Adjustment, Quality, and Pharmacy Benefit Management programs. We enable health plans and providers to eliminate waste and achieve the greatest financial impact in the Medicare Advantage, Medicaid, and ACA Commercial markets as well as with Value-Based Payment models for Medicare. Our advanced analytic methodologies and flexible business intelligence tools offer real-time visibility into member behavior and provider performance. Pulse8’s Illumin8 Active Intelligence™ platform offers a suite of uniquely pragmatic solutions that are powered by our patent-pending Dynamic Intervention Planning to deliver the most cost-effective and appropriate interventions for closing gaps in documentation, coding, and quality. For more company information or to schedule a demo, please contact Scott Filiault at (732) 570-9095 or scott.filiault@pulse8.com.

About Veradigm
Veradigm is an integrated data systems and services business that combines data-driven clinical insights with actionable tools for clinical workflow, research, analytics, and media. Our solutions are designed to help key healthcare stakeholders to improve the quality, efficiency, and value of healthcare delivery - from biopharma to health plans, healthcare providers, health technology partners, and most importantly, the patients they serve. We are dedicated to simplifying the complicated healthcare system with next-generation healthcare solutions. That is how we are transforming health, insightfully. To learn more, visit www.veradigmhealth.com, Twitter, Facebook, and LinkedIn.

About Allscripts
Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance clinical, financial and operational results. Our innovative solutions connect people, places and data across an Open, Connected Community of Health™. Connectivity empowers caregivers and consumers to make better decisions, delivering better care for healthier populations. To learn more, visit www.allscripts.com, Twitter, YouTube and It Takes A Community: The Allscripts Blog.

About Health Plan Alliance
The Health Plan Alliance is a national organization that brings provider-sponsored and independently-owned health plans together with their health system and provider group leaders for unparalleled peer-to-peer collaboration. For more than 20 years, Health Plan Alliance members have leveraged the collective knowledge of our community to enhance their business acumen and advance the quality of health care delivery in their communities. For more information visit healthplanalliance.org or email info@healthplanalliance.org.

© 2019 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.

Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved. Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts Healthcare, LLC and/or its affiliates.

For more information contact:

Investors:

Stephen Shulstein
312-386-6735
Stephen.Shulstein@allscripts.com

Media:

Concetta Rasiarmos
312-447-2466
concetta.rasiarmos@allscripts.com

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