SPAARx and BusinessOne Technologies Announce Specialty Pharmacy Drug & Health Utilization Data-Sharing Alliance

The Specialty Pharmacy Association of America (SPAARx), the largest national association representing the broad interests of the specialty pharmacy industry, announced it is has agreed to participate in an alliance with BusinessOne Technologies (BusinessOne) wherein BusinessOne will provide access to its national / regional market access data and data integration technology. The alliance will allow SPAARx and BusinessOne to develop a new standard for data management and analytics in the specialty pharmacy segment.

Throughout the alliance, BusinessOne will be syndicating content and market intelligence to SPAARx which will make this data available to participating specialty pharmacies in the form of advisories and trend reports. The analytics will help ensure that SPAARx membership stays fully informed regarding payer-market access challenges, risks and opportunities.

“SPAARx is excited about the alliance with BusinessOne Technologies,” said Bill Sullivan, interim executive director of the Specialty Pharmacy Association of America. Sullivan continued, “BusinessOne is in the forefront of healthcare and drug data analytics and having access to their data adds a new dimension to our understanding of access, reimbursement and distribution trends nationally. The more our membership understands managed market trends the better positioned they will be to compete in the marketplace with value-added programs that help control appropriate utilization.”

About BusinessOne Technologies, Inc.

BusinessOne Technologies, Inc. develops and deploys health care business intelligence and data solutions, providing competitive, strategic analysis for biotech and pharmaceutical manufacturers, PBMs, specialty pharmacy providers, investment firms and other clients. Through its customizable, Web-based portal, Maestro™ end-users can access and analyze over 400 data elements related to formulary and coverage policy control, benefit design, reimbursement, demographics and utilization at the plan and physician level. To learn more about BusinessOne Technologies, please visit www.businessonetech.com.

About Specialty Pharmacy Association of America (SPAARx)

SPAARx is the largest national Association solely dedicated to the interests of all individuals in the specialty pharmacy segment of healthcare. SPAARx is managed and governed by a board of directors comprised of executives from a diverse group of specialty pharmacies. This association is vendor-neutral and fully-aligned with the interests of all industry stakeholders. SPAARx is setting the standards, leading in advocacy and promoting the value of specialty pharmacy. The association's goal is to protect and promote common industry interests along with fostering professional growth within specialty pharmacy. To learn more about SPAARx or join today, please visit www.spaarx.org

SOURCE: SPAARx

Read more here: http://www.heraldonline.com/2013/06/03/4911924/spaarx-and-businessone-technologies.html#storylink=cpy