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ApproveRx is an online platform that streamlines the prior authorization process for pharmacies and prescribers.
ApproveRx is an online platform that streamlines the prior authorization process for pharmacies and prescribers.
Armada Health Care, LLC (Armada) and PDX, Inc. today announced that Armada's Prior Authorization Solution, known as ApproveRx, will be integrated with the PDX Enterprise Pharmacy System (EPS), PDX Classic and Community Pharmacy system, PDX's newest system.
ApproveRx is an online platform that streamlines the prior authorization process for all pharmacies and prescribers, allowing health care professionals to quickly locate and submit prior authorization forms for virtually all drugs and insurance plans. PDX is an industry-leading pharmacy technology company that offers healthcare solutions to retail pharmacies, drug chains, supermarkets, mass merchants, independents, and co-ops.
The integration will produce a continuous pharmacy dispensing workflow and optimal efficiencies. Using the integrated functionality, pharmacies can automate the selection and completion of the appropriate prior authorization form, saving an exorbitant amount of time searching for the appropriate and most current insurance form.
The pharmacy can then electronically send the prior authorization request to any prescriber or health plan eliminating the need for paper faxes. The system allows for monitoring the status of all prior authorization submissions.
The use of ApproveRx provides PDX pharmacies with a seamless method of initiating and managing prior authorizations within the current workflow.
"It is important to PDX that pharmacies have technologies they need to work smarter and faster. By integrating Armada Health Care's prior authorization program, PDX pharmacies will have access to a utility that will help streamline the prior authorization process," said
Jeff Farris
, CEO of PDX, Inc. "We remain focused on delivering solutions and services our pharmacy partners require to remain efficient, such as those offered by Armada."
"Industry reports predict a 63% increase in specialty-drug spend between 2014 and 2016, so it's becoming progressively more important for pharmacy systems to be able to fill and get reimbursed for high-cost medications that require prior authorization approvals," says
Lawrence Irene
, CEO of Armada Health Care. "Armada's partnership with PDX effectively helps fill this need in the marketplace, and helps PDX capture the specialty spend."
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About Armada Health Care, LLC
Armada Health Care (Armada) is the industry's largest specialty pharmacy group purchasing and contracting organization and is the leading provider for channel management solutions, commercialization strategies, and support services for the specialty pharmacy industry. Armada provides comprehensive and cost-effective access to the nation's $100 billion specialty pharmacy industry. Armada offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription data management services, online platforms, and unique purchasing agreements on specialty pharmacy products. Armada is also the founder and host of the nation's largest annual specialty pharmacy summit and expo.
About PDX
Almost 10,000 pharmacies across the U.S. benefit from technologies provided by PDX and affiliates Rx.com and NHIN. PDX continues to build on its 25+ year commitment to excellence in retail pharmacy and patient care. Its single-source, integrated solution is unmatched by any other single provider or group of technology providers. It features the fast, intuitive, and advanced Enterprise Pharmacy System—already the choice of 21 chains and one major managed care plan; the portable, interoperable Rx.com Electronic Pharmacy Record which contains almost two billion prescriptions and almost 97 million patients; industry-leading accounts receivable services from Absolute; store-based mail order and central fill services from Rx.com; pharmaceutical manufacturer performance programs from Rx.com Manufacturer Services; and more. www.pdxinc.com | www.rx.com
SOURCE: Armada Health Care
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